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    Question

    If a bank invests in financial literacy programs to

    improve long-term community welfare along with business growth, it follows:
    A Selling concept Correct Answer Incorrect Answer
    B Production concept Correct Answer Incorrect Answer
    C Societal marketing concept Correct Answer Incorrect Answer
    D Competitive pricing Correct Answer Incorrect Answer
    E Skimming pricing Correct Answer Incorrect Answer

    Solution

    Societal marketing balances customer satisfaction, company profit, and societal welfare. Why Other Options Are Incorrect • A: Promotion focus only. • B: Cost efficiency focus. • D, E: Pricing strategies. Banking Example: Financial literacy camps in rural areas.

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