Principles of Marketing Quiz

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DeadOnActinium
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6 Questions

What is the main rule to follow in marketing according to the text?

No risk, no profit

What is the role of confidence in starting a business?

Confidence is important for starting a business

What does the text suggest about the uniqueness of the market?

The market should have more demand and less supply

How should the quality of the product be maintained?

Quality should be maintained properly

What is the significance of maintaining security and privacy for a product being sold virtually, as per the text?

It increases customer satisfaction and repeat purchases

What is the relationship between demand and provider according to the text?

Demand should exceed the number of providers for a successful market

Test your knowledge about the principles of marketing and the tactics involved in promoting and selling products or services. Explore concepts such as product, price, and promotion.

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