Multiple Choice
The key assumption underlying the marketing concept is that
A) consumers are most interested in obtaining generic products at low prices.
B) consumers are unlikely to buy a product unless they are aggressively persuaded to do so.
C) a company must determine the needs and wants of specific target markets and satisfy consumers' needs better than the competition.
D) the primary focus of a business should be producing as much as it can, in the cheapest way possible.
E) if manufacturers make a product, consumers will buy it.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Which marketing mix element involves decisions regarding
Q45: Weights and More health club has just
Q46: The combination of activities that represent everything
Q47: A new pizza shop in town allows
Q48: The marketing concept is also referred to
Q50: NAFTA is an international trade agreement between
Q51: _ is an international trade agreement between
Q52: The focus of the marketing concept era
Q53: The first step in the ethical decision-making
Q54: When a buyer and a seller trade