MCQs · Q13
Q.The marketing orientation that believes a firm must first research and understand customer needs before designing and delivering a product is called the:
(a) Production Concept
(b) Selling Concept
(c) Marketing Concept
(d) Product Concept
Maharashtra MsbshseTextbookSubjectiveImportance★★★★★est
30% · 13/43 Questions
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Start your 14-day free trial to unlock the full solution →Each option is a distinct marketing orientation:
- (a) Production Concept — incorrect; this orientation focuses on making the product widely available and inexpensive through efficient mass production, not on first researching customer needs.
- (b) Selling Concept — incorrect; this orientation assumes customers must be aggressively persuaded to buy an already-made product — it starts with the product, not with customer research.
- (c) Marketing Concept — correct; this orientation explicitly holds that a firm should first determine the needs and wants of its target market, and only then design, price, and deliver an offering that satisfies those needs more effectively than competitors. …
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