Advertisements
Advertisements
Question
Which of the following is not the feature of marketing?
Options
Exchange mechanism
Customer value
Corrective action
All of these
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.
APPEARS IN
RELATED QUESTIONS
One of the methods of Direct Selling is ______.
The term 'marketing' refers to ______.
______ means exchanging goods for money and is production oriented.
Marketing is ______.
Name the two features of the marketing from the following.
What is marketing?
Why marketing is called a system?
Economic, social, legal and other forces influence marketing activities therefore, marketing is ______.
Modern marketing has created several non-traditional markets' like ______.
In non-business organization marketing is necessary for ______.