Question : Which of the following statement is correct?
Statement 1: Need means a feeling of deficiency of something.
Statement 2: marketing is the some total of all those activities which move goods and services from the consumer to the producer.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is true and statement 2 is false.
Solution : Need means a feeling of deficiency of something. If it is not satisfied results in dis- satisfaction. This is a natural activity for everybody and this is not related to any special product. Marketing is the sum total of all those activities which move goods and services from the producers to the consumers.
Hence, option C is correct.
