Question : Which of the following statement is correct? Statement 1: By way price the seller makes available educate information about its product. Statement 2: By way of advertising the seller conveys his version of the product but cannot know the reaction of the customers.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is false and statement 2 is true.
Solution : By way of advertising the seller makes customer educate, inform about its product such an information motivate the potential consumer and as a result sale increases. By way of advertising the seller conveys his version of the product but cannot know the reaction of the customers. It is there a one way system of promotion this deficiencies made good by personal selling.
Hence, option D is correct.
Question : Which of the following statement is correct? Statement 1: Creating productive differentiation is the function of labelling Statement 2: Branding makes the advertising of the product easy.
Question : Which of the following statement is correct? Statement 1: Marketing focus is on achieving maximum satisfaction of the customers needs. Statement 2: The main focus of the selling is to transfer of ownership of the product from the seller to the buyer.
Question : Which of the statement is true? Statement 1- Healthy working condition is a personal objective of management. Statement 2- Quality product at fair price is an organisational objectives.
Option 4: Statement 2 is true and statement 1 is false.
Question : Which of the following statement is correct? Statement 1: Product mix refers to a combination of promotional tools used by the business to inform and pursuade the customers about the products. Statement 2: Publicity is a medium of providing information about a particular product to the customer.
Question : Which of the following statement is correct? Statement 1: Packaging serves as a identification of the product. Statement 2: Branding is to provide protection to the product.
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