Question : Which of the following statement is correct? Statement 1: Need means a feeling of deficiency of something. Statement 2: marketing is the some total of all those activities which move goods and services from the consumer to the producer.
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 true and statement 2 is false.
Solution : Need means a feeling of deficiency of something. If it is not satisfied results in dis- satisfaction. This is a natural activity for everybody and this is not related to any special product. Marketing is the sum total of all those activities which move goods and services from the producers to the consumers.
Hence, option C is correct.
Question : Which of the following statement is correct? Statement 1: Marketing mix refers to the aggregate of policies formulated with the view of successfully completing the different marketing activities. Statement 2: Marketing refers to the sale of goods and services through advertisement publicity and salesmanship.
Question : Which of the following statement is correct? Statement 1: Selling refers to that process under which valuable goods or services are created, offered and by doing transactions independently,the needs are satisfied. Statement 2: Marketing involves gathering and analysing market information and marketing planning.
Question : Statement 1: Agricultural marketing ensures that farmers receive a fair share of the consumer price.
Statement 2: Agricultural marketing involves the elimination of intermediaries in the supply chain.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Both statement 1 and statement 2 are false.
Option 3: Statement 1 is true, but statement 2 is false.
Option 4: Statement 1 is false, but statement 2 is true.
Question : Which of the following statement is correct? Statement 1: The policies adopted by manufacturers to attain success in the market constitute the marketing mix. Statement 2: The firms task is to find the best setting for its marketing decisions variables. This setting constitute its marketing mix.
Question : Which of the following statement is correct? Statement 1: Selling focuses on product,promotion,pricing and physical distribution. Statement 2: Marketing pays attention to the promotion.
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