What is the simple purpose of marketing?
Answer and explanation
Correct answer: To inform and attract customers about a product or service
Marketing connects an offering with potential customers through activities such as market research, product decisions, pricing, promotion, and distribution. At a simple level, it informs customers about value and encourages suitable demand. Therefore option A is correct. Ethical marketing should be clear and truthful, not hidden or misleading.
Frequently asked questions
What is the correct answer to this question?
To inform and attract customers about a product or service
Why is this the correct answer?
Marketing connects an offering with potential customers through activities such as market research, product decisions, pricing, promotion, and distribution. At a simple level, it informs customers about value and encourages suitable demand. Therefore option A is correct. Ethical marketing should be clear and truthful, not hidden or misleading.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce. Topic: Trade and Auxiliaries to Trade.
