Question 20 of 23
Q.Who is Supreme in the market ?
(a) Wholesaler
(b) Customer
(c) Retailer
(d) Seller
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
87% · 20/23 Questions
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Start your 14-day free trial to unlock the full solution →The customer is supreme in the market, so the correct answer is option (b).
Explanation:
- Under the modern marketing concept, the entire business is organised around satisfying the buyer's needs and wants. The saying "the customer is king" captures this — the customer is supreme in the market, because it is the customer's demand that decides what is produced, at what price, and how it is distributed and promoted. …
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