Pakistan's best MCQs practice hub — FPSC · PPSC · CSS · NTS · Other Exams
Login

Which concept holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering the desired satisfactions better than competitors?

ASelling Concept
BProduction Concept
CProduct Concept
DMarketing Concept

Explanation

* The Marketing Concept is customer-centered and emphasizes delivering superior value to target markets compared to competitors.
* Production concept focuses on availability and low cost; Product concept focuses on continuous product improvement; Selling concept relies on aggressive promotion.
* Modern successful organizations transition from product-driven to customer-driven marketing philosophies.

Exam Relevance
  • Topic: Marketing Concepts
  • Subtopic: Marketing Philosophies
Submitted by: mcqstutor Team More Marketing MCQs →

No Comments

Leave a comment

Your email address will not be published. Required fields are marked *