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Management · Q106

Marketing

Graduate and Post Graduate · Management · question 106

Q106

In marketing theory, every contribution from the supply chain adds ________ to the product.

A.
Value
Answer
B.
Costs
C.
Convenience
D.
Ingredients

Answer: Option A

Solution

Answer: Option A
Solution:
In marketing theory, every contribution from the supply chain adds Value to the product. A basic marketing theory states that to maximize sales, a company must position its products or services in the marketplace in such a way that consumers believe they need a particular product for service or that a product or service they need has a particular benefit.