Question : Which of the following statement is correct?
Statement 1: Marketing mix refers to all the decisions relating to the product.
Statement 2:Product mix decisions are mainly with regard to branding packaging labelling and weight of the product.

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.

Question : Which of the following statement is correct?
Statement 1: Promotion of a product is affected by rate of profit, price of competitive product and policy of the government.
Statement 2: Promotion means informing the consumers about the products of the company.

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.

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.
 

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.

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.

 

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.

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 1: Both are true 
 

Option 2: Both are false 
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 2 is true and statement 1 is false.