Question : Which of the following statement is correct?
Statement 1: Selling refers to that process under which valuable goods or services are created, offered and by doing transactions independently,the needs are satisfied.
Statement 2: Marketing involves gathering and analysing market information and marketing planning.
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 false and statement 2 is true.
Solution : Marketing refers to that process under which valuable goods or services are created,offered and by doing transactions independently, the needs are satisfied. Marketing includes activities such as gathering and analysing marketing information, marketing planning, product designing and development, etc.
Hence, option D is correct.
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