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Which of the following statements is the most correct statement? - Commercial Studies

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Question

Which of the following statements is the most correct statement?

Options

  • The delivery of goods and services from producers to their ultimate consumers or users includes many different activities. These different activities are known as marketing.

  • Marketing is to ensure that the product is easily and effectively moved from the point of production to the target market and ensures that the product can be easily accessed by customers.

  • Marketing is the activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society.

  • Marketing is the last step in the chain of commerce where a buyer exchanges cash for a seller's good or service, or the activity of trying to bring this about.

MCQ

Solution

Marketing is the activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society.

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Chapter 2: Marketing and Sales - EXERCISES [Page 22]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 1. | Page 22
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