Download App

Marketing — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesMarketing1 Mark
Question
"Price" is an important element of marketing mix. (True/ False)
✓

Answer

True.
Solution:
As it determines the amount of money to be paid by a buyer or received by a seller in consideration of purchase of a product or a service.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "True/False" from Marketing→Marketing — all question types→Business Studies STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Formal organisation is a structure created by management defining authority and responsibilities of every person.
→
'Cost of debt affects the choice of capital structure of a company. (True/ False)
→
Formal organisation is dependent on informal organisation.
→
Delegation of authority helps in employee development.
→
All trade bills are commercial bills. (True/ False)
→
Fresh ideas and people with proper knowledge join organisation by using external recruitment.
→
The interest paid on call money is called call rate.
→
In communication minimum two parties are involved.
→
'Optimum utilisation of funds' is an objective of financial management. (True/ False)
→
The right to be heard provides compensation to consumers.(True/False)
→