GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mansi, a shoe manufacturer for school students, decided to maximise profits by producing and distributing shoes on a large-scale and thus reducing the average cost of production.Identify the marketing management philosophy adopted by Mansi.
A
Production
B
Product
C
Marketing
D
Selling
Explanation: 

Detailed explanation-1: -The focus of business activities was on production of goods as the demand for goods started, picking up and the supply was low. Thus, it was believed that profit could be maximised by producing at large scale, thereby, reducing the average cost of production.

There is 1 question to complete.