What is the correct purpose of promotion in business?
Answer and explanation
Correct answer: To inform customers about the product and its benefits
Promotion communicates relevant information about an offering, such as its features, uses, availability, and genuine benefits, so that potential customers can make an informed choice. Effective promotion should be clear, truthful, and suited to the target market. False claims and hiding the product are contrary to responsible marketing.
Frequently asked questions
What is the correct answer to this question?
To inform customers about the product and its benefits
Why is this the correct answer?
Promotion communicates relevant information about an offering, such as its features, uses, availability, and genuine benefits, so that potential customers can make an informed choice. Effective promotion should be clear, truthful, and suited to the target market. False claims and hiding the product are contrary to responsible marketing.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.