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 1: Physical distribution 

Option 2: Product designing and development

Option 3: Transportation 
 

Option 4: Storage or warehousing
 

Question : It refers to designing and developing the label to be put on the package. Which function of marketing is highlighted in the given statement?
 

Option 1: Packaging

Option 2: Labelling

Option 3: Standardization

Option 4: Grading

Question : Which function of marketing is highlighted in the given statement?
Statement: It fills this place by carrying good from place of production to place of consumption.
 

Option 1: Gathering and analysing market information
 

Option 2: Product designing and development
 

Option 3: Packaging and labelling
 

Option 4: Transportation

Question : It refers to designing and developing the package for the products. Which function of marketing is highlighted in the given statement?
 

Option 1: Packaging

Option 2: Labelling

Option 3: Standardization

Option 4: Grading

Question : It measures and compare actual performance with standard fixed in the past. Which relationship does it represents?
 

Option 1: Planning is viewed as a forward-looking approach
 

Option 2: Planning is also a backward looking function
 

Option 3: Controlling is considered a backward looking function
 

Option 4: Controlling is a forward-looking function.