Henry Ford's Philosophy Was to Perfect the Model-T So That

question 63

Multiple Choice

Henry Ford's philosophy was to perfect the Model-T so that its cost could be reduced further for increased consumer affordability.This reflects the ________.

• A)customer-driving marketing concept
• B)marketing concept
• C)societal marketing concept
• D)production concept
• E)selling concept

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Definitions:

Factory Payroll

The total amount of wages and salaries payable to employees working in the manufacturing operations of a company.