wiz-icon
MyQuestionIcon
MyQuestionIcon
3
You visited us 3 times! Enjoying our articles? Unlock Full Access!
Question

The _________ concept is based on those companies who believe in this philosophy that quality of goods or services of a good standard can easily attract customers.


Open in App
Solution

(a) Marketing concept

(b) Production concept

(c) Product concept

(d) Selling concept

Answer (c) Product concept

Explanation: The product concept is the comprehension of the elements of the product to exhibit the most desirable characteristics and greatest components of the item. Advertisers invest a great deal of research and time to focus on their target audience.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Question No. 10
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon