A social and managerial process by which individuals and organizations obtain what they need and want through value creation refers to which one of the following concepts?

A Selling
B Advertising
C Barter
D Marketing

Correct Answer: Marketing

A social and managerial process by which individuals and organizations obtain what they need and want through value creation refers to Marketing. “Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others.”
Bissoy MCQ
#Management #Marketing

Related Questions

150 individuals attended a marathon held in Sylhet. Of those only If x of the 150 individuals were from sythet and z of the individuals participated in the marathon but were not from sylhet. Which of the following represents the number of individuals who did not participated in the marathon and were not from sylhet?
A 150 -x+z
B 150 -x-y+z
C 150-x+z
D 150-x-z
Of the 65 families in a locality, 45 have children and 10 have retired individuals as members. Of the families, 8 have both children and retired individuals as members. How many of the families have neither children nor retired individuals as members?
A 2
B 18
C 20
Of the 45 families in a locality, 25 families have working mothers and 10 families have retired individuals as members to look after the children at home. Of the families, 8 have both working mothers and retired individuals as members. How many of the families have working mothers but no retired individuals as members?
A 2
B 18
C 17
(i)Participation involves more than the formal sharing of decisions. (ii)through anticipation , individuals . or organizations consider trends and make plans , shielding institutions from trauma of learning by shock. (iii) Innovative learning involves both anticipation and participation . (iv) It is an attitude characterized by cooperation. dialogue and empathy.
A (ii) + (iii) + (i) + (iv)
B (i) + (ii) + (iv) + (iii)
C (iv) + (i) + (iii) + (ii)
D (iii) + (ii) + (i) + (iv)
The gypsys are a tribe of strange people. They do not have any fixed home but wander about from place to place and live in tents. they were originally natives of India. But as they reached England from Egypt ,the English took them from Egyptians. this is why they came to be called gypsys. they were beloved to possess strange powers. they could tell your fortune by reading the palm of your hand. it was thought they stole little children to train them in their way of life. whenever a child got lost it was thought that it has been carried away by gypsys so they were arrested and sent for trial. but this attitude towards the Gypsy has gradually changed.The gypsies are people who ---
A have a settled way of life
B came originally from Egypt to England
C are always on the move
D steal children to train them in the way of life
________ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.
A Target marketing
B Psychographic segmentation
C Product Differentiation
D Consumer behavior
Many large organizations have information _____ where managers can use fourth-generation languages to retrieve the facts they need from online data bases, and where staff experts are available to provide PC hardware/ software guidance.
A expert
B centers
C control
D MIS
E None of the above
Two men and women are entrusted with a task. The second man needs three hours more to cope up with the job than the second man and the woman would need working together. The first man, working alone, would need as much time as second man and the woman working together. The first man working alone, would spend eight hours less than the double period of the time second man would spend working alone. How much time would the two men and the women need to complete the task if they all asked together?
A 1 hour
B 2 hours
C 3 hours
D 4 hours
E 5 hours
In a market suvey 20% respondents opted for product A whereas 60% opted for product B. the remaining individuals were not certain. If the difference in number between those who opted for product B and those who were uncertain was 720 . How many individuals were covered in the survey?
A 1440
B 1800
C 3600
D None
Which of the following concepts refers to the sale of goods at a price, which includes a profit margin agreed to by both parties?
A Mudarabah
B Murabahah
C Musawamah
D Riba

Next steps