Question : Which function of marketing is highlighted in the given statement? Statement:It include managing inventory storage and warehousing and transportation a good from one place to the other.
Option 1: Physical distribution
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding
Correct Answer: Physical distribution
Solution : The function of marketing involves deciding the distribution of goods and services from place of production to place of consumption. The important decision areas under physical distribution include managing inventory storage and warehousing and transportation of goods from one place to other.
Hence, option A is correct.
Question : Which function of marketing is highlighted in the given statement? Statement: The need for it rises because there is a time gap between production and consumption of goods.
Option 3: Transportation
Option 4: Storage or warehousing
Question : Which function of marketing is highlighted in the given statement? Statement: It involves decisions like choice of mode of transportation in other related aspects.
Question : Which function of marketing is highlighted in the given statement? Statement: It involves deciding the distribution of goods and services from place of production to place of consumption.
Question : Which function of marketing is highlighted in the given statement? Statement: It refers to giving a special name to the product.
Option 1: Gathering and analysing market information
Question : Which function of marketing is highlighted in the given statement? Statement: It involves taking decisions regarding features, design, shape, size appearance, etc., about the product.
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