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Question
The following passage is excerpted from the book ‘MARKETING’:
| “The success of your business depends on the success of your marketing efforts. If you can identify what customers want, need and can afford- and give it to them- you will achieve outstanding results.” |
Based on the information provided in the passage, which of the following statement describes Marketing-
Options
Marketing is beneficial for both buyers and sellers.
Marketing focuses on short term maximisation of profit.
Marketing works on the principle of Caveat emptor.
Marketing begins after the goods are produced.
Solution
Marketing is beneficial for both buyers and sellers.
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