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.
What is the primary purpose of performing backups in an operating system?
Which relationship type indicates that an entity is associated with at least one instance of another entity?
Which type of digital circuit produces an output solely based on its current inputs and doesn't have any memory elements?
Which of the following backup types provides the fastest backup and recovery performance but requires the most storage space?
Which relationship type indicates that an entity is associated with exactly one instance of another entity?
Which one of the following is used for artificial intelligence?
ISP stands for
The important aspect of the data warehouse environment is that data found within the data warehouse is___________.