Which of the Following Is One of the Three Basic

question 125

Multiple Choice

Which of the following is one of the three basic ideas in the "marketing concept?"

• A) Resource efficiency
• B) Customer satisfaction
• C) Obtain economies of scale
• D) Maximize sales
• E) The president having a marketing background

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Definitions:

Commonly Occurring Fantasies

Mental imagery or thoughts about situations that are frequently imagined by individuals, often of a sexual nature.

New-product Development

It refers to the complete process of bringing a new product or service to market, including idea generation, concept testing, design, development, and marketing.

Customers

Individuals or organizations that purchase goods or services for personal use or to fulfill their own business needs.

Suppliers

Businesses or individuals that provide goods or services to another company under a contract or agreement.