1.

Assertion (A)the purpose of marketing is to generate customer valueat a profit Reasoning (R)Marketing is the process of satisfying needs and wants of customers through the process of exchange a) Both are correct and (R) is the correct explanation of (A) b) Both are correct but (R) is not the correct explanation of (A) c) Both statements are incorrect d) (A) is correct but (R) is incorrect

Answer»

Correct option is b) Both are correct but (R) is not the correct explanation of (A)

Reason is not correct explanation. As marketing generate customer value at profit because customer satisfaction is the main objective of marketing



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