Futuristic Designs Inc

question 13

Multiple Choice

Futuristic Designs Inc.,a furniture retail chain,understands and anticipates customer needs even better than customers themselves do and creates products and services to meet their existing and future needs.Which of the following has Futuristic Designs followed in this case?

• A) the product concept
• B) customer-driving marketing
• C) the societal marketing concept
• D) customer-driven marketing
• E) the production concept

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Definitions:

Security Agreement

A legal contract that grants a lender a security interest in an asset, serving as collateral for a loan.

Secured Interest

A legal claim or a security interest granted by the debtor to the creditor over the debtor's property, ensuring the property serves as collateral for the repayment of a debt.

Debtor Agreement

A contract between a debtor and creditor outlining the terms for repaying the debt owed.

Consumer Goods

Items produced for personal or household use, typically characterized by their direct consumption and satisfaction of individual needs.