MANAGEMENT

Detailed explanation-1: -Which of the following statements is true of the marketing concept? It states that an organization should satisfy customer wants and needs while meeting organizational objectives.

Detailed explanation-2: -Answer and Explanation: The correct answer is (3.) They assume that a sale does not depend on an aggressive sales force but rather on a customer’s decision to purchase a product. Market-oriented firms do not believe in aggressive sales as they have a constant focus on customers’ needs.

Detailed explanation-3: -Marketers have to decide how and where customers will buy their goods and services. Then, marketers have to consider in what kind of location to sell their product. To make place decisions, marketers select the right channel of distribution. Distribution decisions affect the price of products.