Question : Which of the following statement is correct?
Statement 1: At the time of price fixation a certain amount of profit is added to the cost of production.
Statement 2: Purchasing power of customer should be taken into consideration.

Question : Which of the following statement is correct?
Statement 1: The policies adopted by manufacturers to attain success in the market constitute the marketing mix.
Statement 2: The firms task is to find the best setting for its marketing decisions variables. This setting

Question : Statement 1: Agricultural marketing ensures that farmers receive a fair share of the consumer price.

Statement 2: Agricultural marketing involves the elimination of intermediaries in the supply chain.

Question : Statement 1: Agricultural marketing involves the selling of agricultural products.

Statement 2: Agricultural marketing helps farmers reach a wider customer base.

Question : Which of the following statement is correct?
Statement 1: Selling focuses on product,promotion,pricing and physical distribution.
Statement 2: Marketing pays attention to the promotion.