Question : It includes production unit engaged in producing services.
Option 1: Primary sector
Option 2: Secondary sector
Option 3: Tertiary sectors
Option 4: None of the above.
Correct Answer: Tertiary sectors
Solution : Tertiary sector includes production units engaged in producing services. For example education, government administration, etc. Hence option C is correct.
Question : It includes production units exploiting natural resources.
Question : It involves deciding the technique of production to be used to produce goods and services?
Question : It means production of crops for sale in the market rather than for self consumption.
Question : Why is management considered a multifaceted concept?
Question : It fills the gap by carrying goods from place of production to place of consumption. Which function of marketing is highlighted in the given statement?
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