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Which one is the example of an Intangible product?

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प्रश्न

Which one is the example of an Intangible product?

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  • Education

  • Mobiles

  • Garments

  • Vehicles

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उत्तर

Education

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 14: Marketing and Marketing Mix - Exercise [पृष्ठ ११६]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 14 Marketing and Marketing Mix
Exercise | Q I. 5. | पृष्ठ ११६

संबंधित प्रश्न

Nishtha, Vasvi and Radhika were friends from college time and now they are engaged in different types of businesses. They regularly meet and discuss their business ideas, exchange notes on customer satisfaction, marketing efforts, product designing, selling techniques and social concerns, etc.
Nishtha drew the attention of her friends towards the exploitation of consumers in the market. She said that the sellers were exploiting the consumes in many ways and were not paying attention towards the social, ethical and ecological aspects of marketing. Vasvi said that they were under pressure of consumer satisfaction but observed that the consumers would not buy or not buy enough unless they are adequately convinced and motivated to do the same

Radhika stressed that it was the duty of the businessmen to keep consumer satisfaction in mind because business was run by the resources made available by the society. Thus, a company cannot achieve its objectives without understanding the needs of the customers. The thinking of the three friends was different. These thinkings were guiding the marketing efforts of their business and were known by the different name. Identify these names. Also, state one more feature of each of these thinkings.


Hayaram' is a famous chain selling a large variety of products in the Indian market. Their products include chips, biscuits, sweets and squashes. It charges a comparatively higher price than its competitors as it sells quality products. Besides, it offers regular discounts to its customers and easy credit terms to its retailers. It has five of its own retail shops. It also sells its products through various grocery stores so that the products are made available to customers at the right place, in the right quantity and at the right time. It regularly uses different communication tools to increase its sales.

The above para describes the combination of variables used by Hayaram to prepare its market offering. Identify and explain the variables


Maruti Vega Ltd.' entered into the market with coloured television and have now introduced products like audio systems, air-conditioners washing machines, etc. The company is not only offering the products but also handling complaints and offering aftersales services.

Identify the element of marketing-mix discussed here.


Answer the question.
Mention two types of markets, on the basis of the position of buyers and sellers.


Explain the following term/concept.

Place Concept of Market


Explain the following term/concept.

Digital Concept of Market


A person feeling hungry may get food by offering to give money or some other product or service in return to someone who is willing to accept the same for food. The important feature of marketing illustrated above is ______.


Find the odd one:


When does marketing take place in relation to production and sale?


When do customers buy products in relation to Customer Value?


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