Question : It refers to the amount of money customers have to pay to obtain a product. 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
Correct Answer: Pricing of product
Solution : Price refers to amount of money which a customer has to pay to buy a product. Pricing involves determination of products price.
Hence, option B is correct.
Question : It involves informing the customers about the firms product and pursuing them to purchase these products. Which function of marketing is highlighted in the given statement?
Question : It involves deciding the distribution of goods and service from place of production to place of consumption. Which function of marketing is highlighted in the given statement?
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?
Question : It includes decisions like choice of mode of transportation and other related aspects. Which function of marketing is highlighted in the given statement?
Question : It contributes to making the product attractive to the target customers. Which function of marketing is highlighted in the given statement?
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