Question : It is important factor affecting the success or failure of a product in the market. Which function of marketing is highlighted in the given statement?

Option 1: Customer support service
Option 2: Pricing of product
Option 3: Promotion
Option 4: Physical distribution

Question

Question : It is important factor affecting the success or failure of a product in the market. Which function of marketing is highlighted in the given statement?

Option 1: Customer support service

Option 2: Pricing of product

Option 3: Promotion

Option 4: Physical distribution

Team Careers360 · Accepted Answer

Correct Answer: Pricing of product

Solution :
Pricing of product is a very crucial function of marketing as consumers are highly price sensitive and it affects the success or failure of a product in the market.

Hence, option B is correct.

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Question : It is important factor affecting the success or failure of a product in the market. Which function of marketing is highlighted in the given statement? Option 1: Customer support serviceOption 2: Pricing of productOption 3: PromotionOption 4: Physical distribution

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Question : It is important factor affecting the success or failure of a product in the market. Which function of marketing is highlighted in the given statement?

Option 1: Customer support service
Option 2: Pricing of product
Option 3: Promotion
Option 4: Physical distribution