_____________ marketing concept is useful when demand is more than supply.
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.
The volume of a solid cube is 1331 m3. If whole cube is to be painted at a rate of Rs. 4.5 per m2, then what will be the cost of p...
If base of a prism is square of side 12 cm & height is 22 cm . What is the volume of prism?
The external dimensions of an open rectangular wooden box are 88 cm by 74cm by 67cm. If the wood is 2cm thick all around, find the amount of volume of w...
The length of a rectangular floor is four times its breadth. If Rs. 2160 is required to paint the floor at the rate of Rs. 15 per square metre, what is ...
If the area of a circle is 154 cm², then the circumference of the circle is:
If x4 + x2 y2 + y4 = 37 and x2 – xy + y2 = 5, then what is the value of xy ?
When the breadth of a rectangle is reduced by 4cm (keeping the length constant), its area reduces by 72 cm2 and when the length is reduced by...
Perimeter of a square field is 100 meters and the area of a rectangular field is 60% more than that of the square field. Find the area (in m2...
Total surface area of Cuboid is 1875 cm ² and the Sum of its Length, breadth and height is 45cm, and then find out the sum of the squares of its length...
If the two adjacent sides of a rectangle are x cm and x – 10 cm and its perimeter is 76 cm then find its area?