Which of the following is not a function of marketing?
Inventory
Transportation
Branding
Storage and warehousing
Inventory is not a function of marketing.
Services like international travel and tourism, transportation, banking, storage and warehousing, and advertising come under the umbrella of international trade in services.
For products requiring long-term storage such as agricultural products, there is a need for warehousing. Not only this, warehousing provides facilities like assembly, grading and other value-added services. Warehousing is a part of which element of marketing mix?
Which of the following cannot be classified as an auxiliary to trade?
(a) Mining
(b) Insurance
(c) Warehousing
(d) Transport
Transportation, warehousing, communication are part of auxiliaries to trade.