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.
Question : Case Study:
A company believes that aggressive sales and promotion efforts are essential to boost sales. They prioritize short-term sales goals over long-term customer relationships. This philosophy reflects the:
XYZ Corp. emphasizes understanding customer needs and designing products that satisfy those needs. They believe in continuous product improvement and customer-oriented marketing. This philosophy is aligned with:
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