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question_answer1) The term 'market' is understood in which of the following contexts?
question_answer2) Maximise the profits by satisfying the customers' needs better than the competitors. Identify the concept.
question_answer3) Ashutosh is manufacturing lunchboxes for school going children. To maximise profit, he decided to improve the quality and added thermal technology in the lunchboxes. Due to this improvement in the product, the sale increased. Identify and explain the marketing philosophy involved.
question_answer4) This concept pays attention to social, ecological and ethical aspects of marketing. Identify the concept of marketing.
question_answer5) A marketer with 10% market share of a particular product aims at increasing it to 25% In order to achieve this, the marketer will have to develop suitable plans to increase production and sales, use promotional tools, etc. Identify the functions of marketing highlighted above.
question_answer6) Raghav Limited is offering a tour & travel package for 10 worldwide destinations with a free insurance on the bookings for the month of June, 2021. Which feature of marketing is being described in the above lines?
question_answer7) Divyansh Limited is a company dealing in various types of fire extinguishers. Generally, people do not buy fire extinguishers. Therefore, the company undertakes vigorous Hales promotion efforts in order to create and maintain demand for the product. Which marketing philosophy is being described in the given case?
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