Question:

Choose the correct statement/s:
A. The marketing concept is based on the "right" principle
B. Marketing does not create exchanges
C. Marketing finds out needs of potential buyers
D. There is no difference between marketing and sales
Choose the correct answer from the options given below:

Show Hint

Marketing: "right" principle.
Identifies buyer needs.
Different from sales.
  • B and D only
  • A, B and C only
  • A only
  • A and C only
Show Solution
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The Correct Option is D

Solution and Explanation

Step 1: Understanding the Concept:
Marketing involves several concepts.
It is different from sales.

Step 2: Key Formula or Approach:

No specific formula.
Need to understand marketing concepts.

Step 3: Detailed Explanation:

Statement A: Marketing is based on the "right" principle - correct.
Statement B: Marketing does create exchanges - incorrect.
Statement C: Marketing finds out needs of potential buyers - correct.
Statement D: Marketing and sales are different - incorrect.
Thus, A and C are correct.

Step 4: Final Answer:

A and C are correct.
Hence, the correct option is (D).
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