English

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 ______. - Commercial Applications

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Question

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 ______.

Options

  • Manufacture

  • Seller

  • Buyer

  • Producers

MCQ
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Solution

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 Buyer.

Explanation:

Marketing focuses on the needs of the buyer. While selling emphasizes the seller's need to convert products into cash, marketing is centered around understanding and meeting the needs and wants of customers. This approach involves researching consumer preferences, developing products that satisfy these preferences, and creating strategies to deliver value to the buyer, ultimately fostering customer satisfaction and loyalty.

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Difference Between Marketing and Sales
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Chapter 4: Sales and Selling Process - EXERCISES [Page 71]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
EXERCISES | Q 7. | Page 71
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