Whereas the ________ Focuses on Fulfilling the Needs of Target

question 65

Multiple Choice

Whereas the ________ focuses on fulfilling the needs of target consumer markets more effectively than competitors, the ________ requires marketers to balance society's interests with the needs of the consumers and marketers.

• A) marketing concept; societal marketing concept
• B) consumer marketing concept; societal marketing concept
• C) production concept; marketing concept
• D) societal marketing concept; marketing concept
• E) product concept; societal marketing concept

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Definitions:

Price of Resource

The cost associated with acquiring a resource that is necessary for production.

Demand for Automobiles

The consumer's desire and willingness to purchase cars, influenced by factors such as income levels, fuel prices, and technological advancements.

Automobile Workers

Individuals employed in the automotive industry, involved in the design, production, or assembly of automobiles.

Price

The economic worth conjectured, obligatory, or handed over as a consideration for something.