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| 1. |
Marketing plays a very important role in the economy byA. raising living standard of the peopleB. ensuring smooth flow of goods through efficient distribution systemC. accelerating economic activityD. All of the above |
| Answer» Marketing acts as a catalyst in economic development of country and helps in raising living standard of the people. It helps in ensuring smooth flow of goods through the efficient distribution system. It helps to establish linkages between the business, accelerating economic activity, leading to higher incomes etc. | |