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12th Class Business Studies Marketing Question Bank Topic - 1 MCQs - Marketing

  • question_answer
    “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.

    A) Standardisation and grading

    B) Market planning

    C) Gathering and analysing market information

    D) Physical distribution

    Correct Answer: B

    Solution :

    [b] Explanation: The marketer has to develop appropriate marketing plans, so that the marketing objectives of the company can be achieved.


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