________ is concerned with the quality,availability and affordability of the product.

Question

Quizplus · Accepted Answer

Marketing is concerned with ensuring that the product meets the needs and wants of the target market in terms of quality, availability, and affordability. It involves conducting market research to understand the customers' preferences, positioning the product in a way that appeals to the target market, setting prices that are perceived as fair and reasonable, and ensuring that the product is easily accessible to customers through effective distribution strategies. Public relations, advertising, promotion, and distribution are all important components of the overall marketing mix, but they are not solely focused on quality, availability, and affordability.

________ Is Concerned with the Quality,availability and Affordability of the Product