✓ Board-verified
Business Studies · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 2 · Q2
Match the following marketing philosophies given in Column I with theirrespective meaning given in Column II.Column I Column II(i)P The Product concept It emphasises on increasing the profitthrough increased sales volumes byadopting aggressive selling techniques(ii)Q The Production It emphasises on quality performanceconcept and features of product and thus profitmaximisation through productimprovement(iii)R The Selling concept It emphasises on profit maximisationthrough volume of production, therebyreducing the cost of production(iv)S The Marketing It emphasises on profit maximisationconcept through customer satisfaction, i.e.identifying the needs of its present andprospective buyers and satisfying themin an effective manner
Match the following marketing philosophies given in Column I with their
respective meaning given in Column II.
Column I Column II
(i)
P The Product concept It emphasises on increasing the profit
through increased sales volumes by
adopting aggressive selling techniques
(ii)
Q The Production It emphasises on quality performance
concept and features of product and thus profit
maximisation through product
improvement
(iii)
R The Selling concept It emphasises on profit maximisation
through volume of production, thereby
reducing the cost of production
(iv)
S The Marketing It emphasises on profit maximisation
concept through customer satisfaction, i.e.
identifying the needs of its present and
prospective buyers and satisfying them
in an effective manner
Official answer
From CBSE’s own marking scheme for this paper.
(A)
P (ii), Q (iii), R (i), S (iv)
Marking-scheme solution
(a)
P-(ii), Q-(iii), R- (i), S-(iv)
More from Marketing
- Explain the following functions of marketing: (i) Customer support services (ii) Branding (iii) Product…2025
- Which of the following statements is incorrect about Personal Selling?2023
- ‘A good physical distribution system should provide for an accurate and speedy processing of orders in the…2023
- ‘X Ltd.' is engaged in the manufacturing of cars. The company surveyed the market and found that customers…2023
- From the picture given below identify the promotional tool used by the organisation to achieve its…2025
- Match the various items of Column - I with the respective statement in Column-II. Column- I Column- II a.…2023
- In which of the following situations, a company will fix high price for its product?2023
- The pouch depicted below contains packets of different flavours of chips. Identify the level of packaging of…2026
CBSE Class 12 Business Studies past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.