Multiple choice

Which of the following functions of a business enterprise facilitates the exchange of goods and services from producers to people who want them, at the place they want, at the time they require and at the price they are prepared to pay?

  1. Financing

  2. Advertising

  3. Marketing

  4. Human resource management

  5. All of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Marketing refers to all those activities which facilitates the exchange of goods and services fom producers to people who want them, at the place they want, at the time they require and at the price they are prepared to pay. Advertising is a part of marketing whereas marketing encompasses transport and communication, advertising, warehousing, etc.