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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.
Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.
  • a)
    Both (A) and (R) are true, and (R) is the correct explanation of (A).
  • b)
    Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  • c)
    (A) is true, but (R) is false.
  • d)
    (A) is false, but (R) is true.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction: In the questions given below are two statements labelled a...
The term "marketing mix" is a foundation model for businesses, historically centered around product, price, place, and promotion (also known as the "4 Ps"). The marketing mix has been defined as the "set of marketing tools that the firm uses to pursue its marketing objectives in the target market".
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Marketing mix refer to all or a particular combination of activities a firm uses in marketing its products.Reason (R): If consists of the product itself, channels of distribution, pricing and promotion and a firm must decide which combination of these elements will best accomplish its marketing objectives.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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