According to the _____, a Firm Should First Identify Consumer

question 79

Multiple Choice

According to the _____, a firm should first identify consumer needs and then produce the goods and services that will satisfy them.

• A)market mission statement
• B)customer satisfier
• C)sales concept
• D)total exchange concept
• E)marketing concept

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Definitions:

Days' Sales

A financial metric that measures the average number of days it takes a company to convert its inventory into sales.