Tag: meaning and definition of market

Questions Related to meaning and definition of market

Marketing is divided into.

  1. Product planning-pricing, promotion and distribution

  2. Purchasing, selling, assembling and warehousing

  3. Selling, assembling, warehousing and transportation

  4. Product planning, product policy, product procedure and demand forecast


Correct Option: A

Only one product is produced and sold through one marketing programme is called.

  1. Market segmentation

  2. Market aggregation

  3. Market Mix

  4. Product Mix


Correct Option: B

Modern marketing requires a thorough understanding of.

  1. Consumer behaviour

  2. Buying motivation

  3. Demand forecasting

  4. Both (A) and (B)


Correct Option: D