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प्रश्न
Caveat vendor means ______.
विकल्प
let the buyer beware
let the seller beware
let the advertiser beware
let the market beware
उत्तर
Caveat vendor means let the seller beware.
Explanation:
"Caveat vendor" actually means "let the seller beware", which signifies a departure from the conventional idea of "caveat emptor" or "let the buyer beware". This modern approach places the responsibility on the seller to provide sufficient information about a product and to ensure that it meets specified standards.
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संबंधित प्रश्न
Selling pre-supposes the existence of demand for the firm's product; on the other hand, marketing involves creation and maintenance of ______ demand.
Selling involves ______ of goods and services.
Selling is internally oriented because it seeks to ______ profits through increased volume of sale.
Which of the statements are not true for selling?
Selling involves exchange of goods for money between the sellers and buyers. Selling focuses on the needs of seller, and the marketing, on the needs of the ______.
Marketing is a ______ term than selling.
The latest method of direct selling is ______.
Selling aims at ______.
The term Caveat emptor means ______.
Marketing is wide term than selling. Justify.
