PRC-3 · Chapter 7 · Question 8 of 72
Which of the following statements accurately highlights the difference between Marketing and Selling?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Selling focuses heavily on exchanging an existing product for money, while marketing focuses broadly on identifying and fulfilling customer needs from start to finish.
Explanation
Selling is an inside-out view focusing on the factory, existing products, and aggressive sales. Marketing is an outside-in view starting with a well-defined market, focusing on customer needs, and driving profits through customer satisfaction.
More Concepts of Branding and Marketing MCQs
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- Q12In the Product Life Cycle, during which stage does a product generally see its sales peak, face intense competition, and experience profit…
- Q13A national health authority runs a series of TV advertisements urging citizens to receive a flu vaccination before winter. What exactly is…
- Q14The primary focus of the modern marketing concept is to achieve organizational goals by:
