Question

Explain any four points of importance of marketing for the nation.

Answer 1

Answer:

Importance of marketing can be studied as follows:

(1) Marketing Helps in Transfer, Exchange and Movement of Goods

(2) Marketing Is Helpful In Raising And Maintaining The Standard Of Living Of The Community

(3) Marketing Creates Employment

(4) Marketing as a Source of Income and Revenue

(5) Marketing Acts as a Basis for Making Decisions

(6) Marketing Acts as a Source of New Ideas

(7) Marketing Is Helpful In Development Of An Economy