The View That Holds an Organization Should Satisfy the Needs

question 19

Multiple Choice

The view that holds an organization should satisfy the needs of consumers in a way that also provides for society's well-being is known as

• A) the societal marketing concept.
• B) the marketing concept.
• C) consumerism.
• D) social responsibility.
• E) capitalism.

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Definitions:

Formal Operational Thought

The stage in cognitive development, according to Piaget, where individuals gain the ability to think abstractly, logically, and systematically.

Cognitive Processing

The mental actions or methods involved in acquiring knowledge and understanding through thought, experience, and the senses.

Concrete Elements

Physical components or parts that constitute the tangible structure of something, such as buildings or roads.

Early Maturation

Early maturation refers to the onset of puberty or the progression through developmental milestones at an earlier age than the typical range for one’s peer group, which can impact psychological and social adjustment.