Question:

For business, marketing is

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Without marketing, businesses would struggle to connect with customers and grow in competitive markets.
  • Compulsory
  • Necessary
  • Unnecessary
  • Luxury
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The Correct Option is A

Solution and Explanation

Step 1: Understand the importance of marketing in business.
Marketing is crucial for businesses to reach customers, understand their needs, and create strategies to satisfy those needs.
Step 2: Evaluate the options.
- Marketing is compulsory for businesses because it helps in customer acquisition, market expansion, and revenue generation. - While it may be considered a luxury or unnecessary in very specific circumstances, marketing is generally compulsory for business success.
Step 3: Conclude.
The correct answer is that marketing is compulsory for businesses.
Final Answer: \[ \boxed{\text{Compulsory}} \]
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