KnowledgeBoat Logo
|

Commercial Applications

Caveat vendor is a principle of:

  1. Marketing
  2. Selling
  3. Personal Selling
  4. Advertising

Markets & Marketing

2 Likes

Answer

Marketing

Reason — 'Caveat vendor' (let the seller beware) is a principle of marketing where the seller is responsible for the quality and suitability of the product to the customer. This is in line with the modern marketing concept that focuses on customer satisfaction. In contrast, 'caveat emptor' (let the buyer beware) is associated with the selling concept.

Answered By

3 Likes


Related Questions