Marketing Management - Marketing Management Section 1

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51. Element of promotion mix
 (i) Personal selling
 (ii) Sales promotion
 (iii) Public relations
 (iv) Direct mail
 (v) Trade fairs and exhibitions
 (vi) Advertising

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52. Assertion (A). Marketing occupies an important position in the organization.
Reason (R). Marketing is the function of business concerned with the creation of a consumer.

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53. A market segment should be
 (i) Measurable     (ii) Durable
 (iii) Sizeable        (iv) Accessible
 (v) Profitable

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54. Micromarketing environment include
 (i) Suppliers
 (ii) Consumer
 (iii) Service provider
 (iv) Local share holder

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55. MRP stands for

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