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The Production Concept holds that consumers will favour products that are available and highly affordable, and that management should therefore focus on improving production and distribution efficiency. Revolves around economies of scale Useful when: Demand > Supply Product Concept holds that consumers will favour products that offer the most quality, performance and innovative features, and that an organization should thus devote energy to making continuous product improvements. The Selling Concept holds that consumers will not buy enough of the organization's products unless it undertakes a large-scale selling and promotion effort. The Marketing Concept holds that achieving organizational goals depends on determining the needs and wants of target markets and delivering the desired satisfactions more effectively and efficiently than competitors do. The Societal Marketing Concept holds that the organization should determine the needs, wants and interests of target markets. It should then deliver the desired satisfactions more effectively and efficiently than competitors in a way that maintains or improves the consumer's and the society's well-being.
Statements: All buildings are chalks. No chalk is a toffee.
Conclusions:
(I) No building is a toffee.
(II) All chalks are buildings.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Select the option that is related to the third word in the same way as the second word is related to the first word.
Hibiscus : Flower : : Penguin : ?
Six persons A, B, C, D, E and F are sitting in a line. E is between D and F. A is second to the right of F. C is at extreme right. Who is sitting at se...
The equations in the statements represent the heights of the given letters. According to these equations, find who is the shortest amongst all.
Eight friends (A, B, C, D, E, F, G, H) sit around a circular table, all of them facing the centre. Only three people sit between G and D. D sits second ...
By interchanging the given two numbers (not digits), which of the following equations will be correct?
44 and 19
I. 203 + 44 – 27 × 19 ...
Shilps and Radhika started walking from two different points, 'A' and 'B', respectively. Shilpa walks 4 km North, turns to the East and walks 6 km, agai...
Select the option that is related to the third word in the same way as the second word is related to the first word.
Fuel : Diesel : : Utensils : ?
Find the missing figure in the series from the given answer figures.