Marketing vs AdvertisingSelect the statement(s) that is (are) true. (Multiple options may be selected)Marketing is another word for advertising.Marketing usually involves coming up with processes to reduce the costs of manufacturing the product.✕ IncorrectMarketing usually involves selecting which consumer groups to target while selling a product.✕ IncorrectMarketing usually involves deciding whether the product should be available in a particular shop.

Define marketing and advertising most accurately.Question 18Answera.Marketing is making a product or service known to people unprofitably; Advertising helps the organization achieve its marketing goals.b.Marketing refers to preparing a product for the marketplace; Advertising is making profit by exchanging products or services.c.Marketing is a process of identifying customer needs; Advertising is an exercise of promoting a company or product.d.Marketing is a process aimed at satisfying consumer needs; Advertising aims at promoting a company or product through marketing mix.

The term marketing refers to _______OptionsA philosophy that stresses customer value and satisfaction.Advertising, Sales Promotion, Publicity and Public Relational activitiesA new product needs ideas, Developments, concepts and improvements.Sales Planning, Strategy and Implementation

I. Target market is a broader concept than market.II. Market refers to all potential customers for a product or service.Group of answer choicesBoth statements are TrueStatement I is True; Statement II is FalseBoth Statements are FalseStatement I is False, Statement II is True

marketing is a marketing communications tool designed to communicate with consumers in a targeted and personalized way using either traditional or online approaches. (Use one word per blank.)

______ consists of all the techniques sellers use to motivate people to buy their products.Multiple choice question.AdvertisingMarketingPromotionPublicity