English

"Marketing aims at building the reputation of the enterprise over a time" it is called ______. - Commercial Studies

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Question

"Marketing aims at building the reputation of the enterprise over a time" it is called ______.

Options

  • Sale

  • Profit

  • Goodwill

  • Motive

MCQ
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Solution

"Marketing aims at building the reputation of the enterprise over a time" it is called Goodwill.

Explanation:

Goodwill refers to the positive reputation and value a business builds over time through effective marketing, customer satisfaction, and consistent quality. It represents the intangible benefits that contribute to a company's long-term success and competitive advantage.

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Objectives of Marketing
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Chapter 2: Marketing and Sales - EXERCISES [Page 24]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 19. | Page 24
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