Question : Which feature of marketing is highlighted in the given statement?
Statement: While buying a product consumer analysis its cost and satisfaction derived from it.
Option 1: Need and want
Option 2: Customer value
Option 3: Creating a market offering
Option 4: Exchange mechanism

Question

Question : Which feature of marketing is highlighted in the given statement?
Statement: While buying a product consumer analysis its cost and satisfaction derived from it.

Option 1: Need and want

Option 2: Customer value

Option 3: Creating a market offering

Option 4: Exchange mechanism

Team Careers360 · Accepted Answer

Correct Answer: Customer value

Solution : While buying a product consumer analyses its cost and satisfaction derived from it. Consumer buys it only when he feels that product provides the greatest value for money.

Hence, option B is correct.

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Question : Which feature of marketing is highlighted in the given statement? Statement: While buying a product consumer analysis its cost and satisfaction derived from it.Option 1: Need and wantOption 2: Customer valueOption 3: Creating a market offeringOption 4: Exchange mechanism

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Question : Which feature of marketing is highlighted in the given statement?
Statement: While buying a product consumer analysis its cost and satisfaction derived from it.
Option 1: Need and want
Option 2: Customer value
Option 3: Creating a market offering
Option 4: Exchange mechanism

Question : Which feature of marketing is highlighted in the given statement?
Statement: It involves exchange of products and services for money or valuable consideration.

Question : Which feature of marketing is highlighted in the given statement?
Statement: It refers to complete offer for a product or services by specifying it's features, quality,price,availability,etc.

Question : Which feature of marketing is highlighted in the given statement?
Statement: It aims to identify unsatisfied needs of the target customers and developed production services that satisfy such needs.

Question : Which feature of marketing is highlighted in the given statement?
Statement: It is often referred as the essence of marketing as goods produced at different places are distributed over a wide geographical area.

Question : Which function of marketing is highlighted in the given statement?
Statement: It is an important feature of the product as labels provide detailed information about the product its contents method of use,etc