The following two statements relate to marketing. Choose the correct code for the statements being correct or incorrect.
Statement I: Marketing is about satisfying customer needs and wants.
Statement II: Marketing can be performed only by individuals and not by organizations.
1
Statement I is correct, but II is incorrect.
2
Statement II is correct, but I is incorrect.
3
Both the statements I and II are correct.
4
Both the statements I and II are incorrect.