BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The philosophy of satisfying customers’ needs while meeting organizational profit goals is called the marketing concept and guides all of an organization’s marketing activities.

Detailed explanation-2: -This basic philosophy-satisfying customer needs while meeting organizational goals-is called the marketing concept, and when it’s effectively applied, it guides all of an organization’s marketing activities.

Detailed explanation-3: -In marketing, satisfying customer needs and wants is the easiest way to increase profits and sell more products and services. The definition of desire in marketing is finding what the consumer is longing for and needing. Marketing strategies look to fulfill different needs to get the consumer to buy the product.