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Statement-I Transportation helps in creating time utility and warehousing helps in creating place utility. - Business Studies

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प्रश्न

Statement-I Transportation helps in creating time utility and warehousing helps in creating place utility.

Statement-II The process of classification of products into different groups on the basis of their important characteristics is known as standardization.

Choose the correct option from the options given below:

विकल्प

  • Statement I is true and II is false

  • Statement II is true and I is false

  • Both the statements are true

  • Both the statements are false

MCQ

उत्तर

Both the statements are false

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2022-2023 (March) Sample

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संबंधित प्रश्न

Name the marketing function which is concerned with informing the customers about the firm's products.


Radhika was a student of Business Studies of Class XII. Her father was a farmer who grew different varieties of rice and was well-versed about various aspects of rice cultivation. He was also selected by the government for a pilot-project on rice cultivation. As a project work in Business Studies, she decided to study the feasibility of marketing good quality rice at a reasonable price. Her father suggested her to use the Internet to gather customers' views and opinions. She found that there was a huge demand for packaged organic rice. She knew that there were no pre-determined specifications in case of rice because of which it would be difficult to achieve uniformity in the output. To differentiate the product from its competitors, she gave it the name of 'Malabari Organic Rice' and classified it into three different varieties namely — Popular, Classic and Supreme, based on the quality. She felt that these names would help her in product differentiation.
Explain the three functions of marketing, with reference to the above paragraph.


Explain the following function of marketing:

Marketing planning


Explain the following function of marketing:

Customer support services 


Explain the following functions of marketing:

Pricing of products


Which of the following is the function of marketing?


____________ is the marketing function which is concerned with informing the customers about the firm’s products.


What are the advantages of branding to marketers of goods and services


Which of the following are the different functions performed by the intermediaries in case of nondurables.


Match the FUNCTIONS of Marketing in Column I with the appropriate ACTIVITIES in Column II.

  Column I   Column II
(1) Marketing Planning (i) Providing basis for distinguishing the product of a firm with that of the competitor.
(2) Product Designing and Development (ii) Specifying the action programmes to achieve different objectives.
(3) Branding (iii) Making the product attractive to the target customers.

Which of the following functions of marketing helps in building customer's loyalty and in promoting its sale?


Samay wanted to purchase a car with the latest standards and possessing features to minimize pollution. He saw an advertisement and subsequently visited the showroom of the company where the car was displayed. In his discussion, the marketing manager told Samay that the company is providing credit facilities, maintenance services and many other useful services on account of which the company is experiencing repeat sales and has been able to develop brand loyalty. Thus, ______ marketing function is being discussed between the marketing manager and Samay.  


Which of the following marketing functions is concerned with informing the customers about the firm's products?


Maharana’ is a famous take-away food outlet in Meerut. It is quite popular among local people and travellers on the national highway. It offers a wide variety of ‘paranthas’ and “sandwiches’ packed in special containers which are designed and developed by them to keep the food hot and fresh.

Considering the taught competition in the nearby area, the prices have been set reasonably low.

The owner Normal Singh spends huge sums of money to put large hoardings and kiosks in the vicinity, to inform the people about the outlet's location and the special items on its menu.

The firm is performing various marketing functions to achieve its marketing objectives.

On the basis of the information given in the above case identify and explain any three ‘marketing functions.


Name the function of marketing which is effective in bringing repeat sales from the customers and developing brand loyalty for a product.


Tea is produced in Assam but is carried to customers not only in this state but also in other parts of the country.

  1. Identify and explain the function of marketing that enables the marketer to achieve its goals.
  2. Enumerate any two factors that marketer should take into consideration in order to analyse the identified needs.

As a function of marketing, Warehousing creates time utility.


What is marketing research?


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