Question
State the various functions of marketing process.

Answer

  • Market Research
  • Collection of products
  • Transformation of raw materials into consumable products
  • Standardization and gradation of product
  • Labeling of product
  • Price determination
  • Packing of product
  • Storage of products
  • Transportation facilities
  • Insurance of the products
  • Financial arrangement
  • Advertisement
  • Arrangement of sales and distribution
  • Selling
  • After sales services

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