Which of the Following Statements About the "Universal Functions of Marketing

question 352

Multiple Choice

Which of the following statements about the "universal functions of marketing" is False?

• A) These functions do not have to be performed in all macro-marketing systems.
• B) How the functions are performed may differ among nations and economic systems.
• C) Who performs the functions may differ among nations and economic systems.
• D) These functions help to overcome discrepancies of quantity and assortment.
• E) None of these statements is False.

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Definitions:

Model Trains

Scaled-down reproductions of trains, used as a hobby to build and display rail transport scenes.

Rate

A measure used to quantify the frequency, occurrence, or percentage of a certain event or outcome over a specified period or among a specific sample size.

Additional Money

Funds that are required or provided beyond the initially agreed amount or investment.

Simple Interest

Simple interest is a method of calculating interest where the interest charge is computed only on the original principal, and not on the interest accrued over time.