Question : Which function of marketing is highlighted in the given statement?
Statement: It is necessary to collect and analyse market information.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding

Question

Question : Which function of marketing is highlighted in the given statement?
Statement: It is necessary to collect and analyse market information.

Option 1: Gathering and analysing market information

Option 2: Product designing and development

Option 3: Packaging and labelling

Option 4: Branding

Team Careers360 · Accepted Answer

Correct Answer: Gathering and analysing market information

Solution : One of the important functions of a market is to collect and analyse market information. This is necessary to identify the needs of the customers and take a various decisions for the successful marketing of the products and services.

Hence, option A is correct.

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Question : Which function of marketing is highlighted in the given statement? Statement: It is necessary to collect and analyse market information.Option 1: Gathering and analysing market informationOption 2: Product designing and developmentOption 3: Packaging and labellingOption 4: Branding

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Question : Which function of marketing is highlighted in the given statement?
Statement: It is necessary to collect and analyse market information.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Branding

Question : Which function of marketing is highlighted in the given statement?
Statement: It refers to giving a special name to the product.

Question : Which function of marketing is highlighted in the given statement?
Statement: It is important to analyse available opportunities and threats as well as strength and weakness of the organisation.

Question : Which function of marketing is highlighted in the given statement?
Statement: It involves taking decisions regarding features, design, shape, size appearance, etc., about the product.

Question : Which function of marketing is highlighted in the given statement?
Statement: It should be carefully selected as it place an important role in the success of a product.

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