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.
Who among the following person is living on floor number three?
There are 5 books S, T, U, V & W placed on table. If S is placed below W, U is placed above V, T is placed below S and V is placed above W, then which o...
Which of the following statement is true?
Who among the following person lives on the bottommost floor?
Statements-:
No clothes are shirt
All Shirts are Jacket
Some shoes are jacket.
Conclusions-:
I. At least some s...
Who among the following has born on 17th of August?
How many persons attend the seminar between the one who uses BMW and U?
What is the designation of RAMAN?
Which of the following statements is/are true according to the given information?
Which of the following pair is the odd one out?