Question

_____________ is exchanging goods for money.
1. Sales
2. Advertising
3. Marketing
4. Publicity

Answer 1

Sales is exchanging goods for money.

When seller sells goods to a customer for earning money is known as selling. Selling of goods in market is necessary for survival in the market. But marketing and selling both are different concept. In marketing we identify location where to establish business, gr.ading, labelling, bra.nding of goods, etc. come under marketing, however in selling, sellers only do sale of goods according to customers' needs. This question is from 'Marketing Management'.

Answer 2

Correct Option :

$\rm \: Option \: 1. \: Sales \: is \: correct$

$\rm \: \implies\underline{Sales} \: is \: exchanging \: of \: \: goods \: for \: money.$

Explanation :

• Sales means commercial activities which includes action of selling products or goods or any kind of services for money in order to play a important role in the building of loyalty and trust between customer and business.

• In simple words we can say that Sales is exchanging goods for money or transaction between many parties in which the buyer receives goods, services, in exchange for money

• On other hand marketing is a process that happens or take place before sales which does the work of building awareness of organization and brand to potential customers.

• We know that Advertising is a means of marketing communication between the users of a product or service and company of product or service in order to Make customers aware of thier product or service

• And the Publicity means the activity or business or media which which attracts customer towards thier products for awareness of any product, service or for public visibility .