Which of the following does 'relationship' in marketing mean?

Relation between buyer and seller

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Relation between sales person

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Relation between company and consumers

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All of the above

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Solution

The correct option is B Relation between company and consumers
Relationship in marketing means the relation between company and consumers.
Marketing activities are aimed at developing and managing trust and long term relationships with customers

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Similar questions

Which of the following refers to a mechanism or an arrangement that facilitates contact between the buyers and sellers for the sale and purchase of goods and services?

Q. Choose the correct option.

Statement 1: For a market to function, the presence of potential sellers is as important as the presence of potential buyers.

Statement 2: There must exist a business relationship between the potential sellers and buyers, else the market may collapse.

Distribution channels which have one or more intermediaries between buyers and sellers are called ___.

Q. Write a word phrase or a term which can substitute each one of the following statements.
1. A place where buyers and sellers come together for buying and selling.
2. A commodity is anything that can be offered to market to satisfy a want or need.
3. When middlemen acts as a link between producer and seller, a chain formed is called
4. A combination of product, price, place and promotion in order to promote sales and satisfy needs of customers.
5. Business functions which directs flow of goods from producer to consumer.

Q. The document which defines relationship between company and outsider.

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Which of the following does 'relationship' in marketing mean?

The correct option is B Relation between company and consumersRelationship in marketing means the relation between company and consumers. Marketing activities are aimed at developing and managing trust and long term relationships with customers

The correct option is B Relation between company and consumers
Relationship in marketing means the relation between company and consumers.
Marketing activities are aimed at developing and managing trust and long term relationships with customers