MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Marketing

What is the o...

Question

What is the other name of network marketing?

A

Multilevel marketing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Zero level marketing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Both (a) and (b)

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Both (a) and (b)
Network marketing, also known as Multi-Level Marketing (MLM), is a business model where independent contractors buy into a company and earn a commission on the products they sell.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Network marketing involves _________.

Q. Network marketing includes how many distribution channels?

Q. State the other name for a Market Economy?

Q. Which of the following company fall under the network marketing umbrella?

Q. ITC started its business with Jobaico Industry later on its entered in Hotel Industry, Consumer goods industry, stationery, etc. ITC assured quality to customer and kept company's name as its identity. This help the customers in product identification and hence ensured quality. It also built up their confidence and help in increasing their level of satisfaction.
(i) Name the element of marketing mix referred in above pan.
(ii) Name the other elements of marketing mix.
(iii) Name the concept which assure quality and help in identification of product.
(iv) Identify the value emphasised by ITC..

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Marketing

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon