Which of the following statements is true of the marketing concept?

Have you ever struggled to answer the question “which of the following statements is true of the marketing concept?” in relation to the concept of in relation to the concept of Management? There’s no need to worry about it anymore. This post contains the correct answer to your question.

Which of the following statements is true of the marketing concept?

Options:

a. It states that marketing solely means selling things and collecting money.
b. It states that an organization should satisfy customer wants and needs while meeting organizational objectives.
c. It overlooks the importance of understanding the competitive arena and strengths and weaknesses of competition.
d. It states that firms should give maximum importance to aggressive promotional and advertising activities.

The Correct Answer Is:

b. It states that an organization should satisfy customer wants and needs while meeting organizational objectives.

Conclusion

The answer to your question “which of the following statements is true of the marketing concept?” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to “Management Subjects”.

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Smirti

(Founder of Management Notes)
MBA,BBA.

I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.

I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,

Management Notes

Which of the following statements is true of the marketing concept?