English

______ means exchanging goods for money and is production-oriented.

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Question

______ means exchanging goods for money and is production-oriented.

Options

  • Sales

  • Marketing

  • Pricing

  • Advertising

MCQ
Fill in the Blanks
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Solution

Sales means exchanging goods for money and is production-oriented.

Explanation:

Sales involve the exchange of goods or services for money. It is a production-oriented activity focused on transferring products from the producer to the consumer, generating revenue for the business. This process is primarily concerned with achieving high sales volumes and maximizing profit through efficient selling techniques.

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Chapter 2: Marketing and Sales - EXERCISES [Page 23]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 11. | Page 23
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