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Question : Which concept of marketing is highlighted in the statement?
Statement: It is the managerial process by which products are matched with the markets.

Option 1: Marketing

Option 2: Marketing mix

Option 3: Marketing products

Option 4: None of the above


 


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Marketing


Solution : Marketing is the managerial process by which products are matched with markets and through which transfers of ownerships are affected. In modern marketing, market refers to a place where the buyers and sellers meet each other for sale and purchase of the commodity.

Hence, option A is correct.

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