Arrange the following functions of marketing in the correct sequence :
(A) Gathering and analysing market information
(B) Product designing and development
(C) Packaging and Labelling
(D) Promotion
(E) Pricing
Choose the correct answer from the options given below :
(
This question was previously asked in
Shift 30/05/2023 12:00 PM - 2:00 PM
Correct Answer
Detailed Explanation
Gathering and Analysing Market Information(A): One of the important functions of a marketer is to gather and analyse market information
Product design Development(B): Another important marketing activity or decision area relates to product designing and development
Packaging and Labelling(C): Packaging refers to designing and developing the package for the products
Pricing of Product(E): Price of product refers to the amount of money customers have to pay to obtain a product
Promotion(D): Promotion of products and services involves informing the customers about the firm’s product, its features, etc
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