The Buying Function of Marketing Involves

question 62

Multiple Choice

The buying function of marketing involves

• A)risk taking and an element of chance.
• B)promoting the product or service.
• C)looking for and evaluating goods.
• D)the use of personal selling.
• E)sorting products according to size.

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Definitions:

Competitive

The condition of the market in which businesses or sellers independently strive for consumers' patronage to gain a profit.

American Industry

Refers to the manufacturing and economic sectors that drive the United States’ economy, encompassing a wide range of goods and services.

Air Pollution

The presence of harmful substances in the air that can cause health issues for living organisms and damage the environment.

Business Firm

An organization engaged in commercial, industrial, or professional activities, aiming to generate profits by offering goods or services.