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Which of the following is not the feature of marketing? - Commercial Applications

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Question

Which of the following is not the feature of marketing?

Options

  • Exchange mechanism

  • Customer value

  • Corrective action

  • All of these

MCQ

Solution

Corrective action

Explanation:

Marketing involves various activities and concepts, such as the exchange mechanism (facilitating transactions between buyers and sellers) and customer value (providing superior value to satisfy customer needs). Corrective action, however, is not a core feature of marketing; it is more related to management and operational processes used to address and rectify issues within an organization.

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Chapter 1: Markets and Marketing - EXERCISES [Page 10]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 1 Markets and Marketing
EXERCISES | Q 5. | Page 10
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