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प्रश्न
How does marketing help in improvement of standard of living of people?
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उत्तर
- Providing a Wide Variety of Products and Services: Marketing ensures that a diverse range of products and services are available in the market to meet the various needs and preferences of consumers. This variety allows people to choose products that align with their lifestyles and requirements, enhancing their overall quality of life.
- Supplying New and Better Quality Products: Marketing drives innovation and competition, leading to the introduction of new and improved products that offer better quality, functionality, and convenience. This constant evolution of products contributes to an enhanced standard of living by offering access to products that make daily tasks easier and more enjoyable.
- Creating More Employment Opportunities: Marketing activities, such as advertising, sales, distribution, and customer service, generate employment opportunities across various sectors. This leads to job creation and economic growth, positively impacting people’s livelihoods and contributing to an improved standard of living.
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संबंधित प्रश्न
What is the importance of marketing from a farmers ‘point of view’?
Justify the following statement.
Marketing is significant to consumers.
Justify the following statement.
Marketing helps in increasing consumer awareness.
State the importance of marketing to the firm.
Explain the importance of marketing to the consumers.
Explain importance of marketing to firm.
Justify the following statement.
Marketing is important to society.
Study the following case/situation and express your opinion:
Mr. A deals in import and export business so he needs different foreign currencies. For the expansion of his business, he borrows money from a commercial bank. He invests his funds in the equity shares.
- From where does Mr. A borrow money?
- Name the market where does Mr. A invest his funds.
- Which type of currency is required for the international market?
Marketing is essential for the success of a business organisation. Give five reasons to support your answer.
Briefly explain the importance of marketing.
