Target Exam

CUET

Subject

Business Studies

Chapter

Marketing

Question:
With which element is exchange mechanism related?
Options:
Publicity
Marketing
Advertising
Branding
Correct Answer:
Marketing
Explanation:
The process of marketing works through the exchange mechanism. The individuals (buyers and sellers) obtain what they need and want through the process of exchange. In other words, the process of marketing involves exchange of products and services for money or something considered valuable by the people.