Question : Which of the following statement is correct for marketing
Option 1: Advertising, Sales Promotion, Publicity and Public Relational activities
Option 2: A new product needs ideas, Developments,concepts and improvements.
Option 3: Sales Planning, Strategy and Implementation
Option 4: A philosophy that stresses customer value and satisfaction.
Correct Answer: A philosophy that stresses customer value and satisfaction.
Solution :
A philosophy that stresses customer value and satisfaction.
Marketing is a philosophy that stress customer value and satisfaction. Even functions of marketing includes gathering and analysing market information and public interests.
Hence, option D is correct.