Vidyalelo
Management · Q49

Marketing

Graduate and Post Graduate · Management · question 49

Q49

Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need is called a(n):

A.
Idea
B.
Demand
C.
Product
Answer
D.
Service

Answer: Option C

Solution

Answer: Option C
Solution:
Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need is called a Product. A product is anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy a want or need.