Question 17 of 27
Q.The final aim of modern marketing is ______.
(a) Consumer satisfaction
(b) Maximum profit
(c) Service to the society
(d) Minimum profit
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
63% · 17/27 Questions
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Start your 14-day free trial to unlock the full solution →Modern marketing aims chiefly at consumer satisfaction, so the answer is (a).
Modern marketing follows the marketing (customer-oriented) concept, under which the business first identifies the needs and wants of consumers and then produces goods and services to satisfy them. Its final aim is therefore consumer satisfaction; earning profit is achieved through satisfied, loyal customers rather than by ignoring them.
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