GK
MARKETING MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Customer Orientation
|
|
|
Competition Orientation
|
|
|
Organisation Integration
|
|
|
All of the above
|
Detailed explanation-1: -The marketing concept involves identifying consumer needs and wants and then producing products (which can be goods, services, or ideas) that will satisfy them while making a profit.
Detailed explanation-2: -The marketing concept rests on four pillars: target market, customer needs, integrated marketing and profitability.
Detailed explanation-3: -Types of Marketing Concepts The five marketing concepts are production, product, selling, marketing, and societal.
Detailed explanation-4: -The 7Ps of marketing are – product, pricing, place, promotion, physical evidence, people, and processes. The 7 Ps make up the necessary marketing mix that a business must have to advertise a product or service.
Detailed explanation-5: -The marketing concept consists of three basic elements: customer orientation, company commitment, and company goals.