BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Production concept
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Product concept
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Marketing concept
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Selling concept
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Detailed explanation-1: -The societal marketing concept holds that the task of any organisation is to identify the needs and wants of the target market and deliver the desired satisfaction in an effective and efficient manner so that the long-term well-being of the consumers and the society is taken care of.
Detailed explanation-2: -Production Concept Keeping in mind the same philosophy these companies put in all their marketing efforts in reducing the cost of production and strengthening their distribution system.
Detailed explanation-3: -Sales promotions are a great way to encourage potential customers to buy your product or sign up for your service. Done well, they boost short-term sales and attract new customers, prompt positive online reviews, and lead to repeat purchases.