The Marketing Concept States That the Social and Economic Justification

question 45

True/False

The marketing concept states that the social and economic justification for an organization's existence is the satisfaction of customers' wants and needs while meeting organizational objectives.

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Definitions:

Creative Solutions

Innovative and effective answers or approaches devised to solve problems or challenges.

Open Mode

Open Mode is a state or approach characterized by openness, receptiveness, and readiness to explore new ideas, perspectives, or experiences without prejudgment.

Relaxed

A state of being free from tension and anxiety, often associated with leisure or recreation.

Expansive

Having the capacity or tendency to expand, extend, or encompass a wide range.