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प्रश्न
______ philosophy suggests, that, the organisation should earn profit through volume of production.
पर्याय
Production concept
Marketing concept
Pricing concept
Societal concept
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उत्तर
Production concept philosophy suggests, that, the organisation should earn profit through volume of production.
Explanation:
The production concept emphasizes that consumers favour products that are available and highly affordable. It suggests that organizations should focus on increasing production efficiency and volume to achieve economies of scale and generate profit. This concept assumes that a higher volume of production leads to lower costs and higher sales.
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संबंधित प्रश्न
Explain any two stages of marketing.
In this stage of marketing, the motto was to ‘Sell what can be produced’:
Marketing was considered to be mere distribution in this stage of Marketing ______.
Briefly explain the term ‘Marketing Oriented Stage’.
Give two differences between the production oriented stage and product oriented stage of marketing.
“Today’s Market Concept is known as Consumer Oriented Concept”. Give a reason either for or against this statement.
In which stage of marketing is the consumer considered the king? Explain this stage briefly.
Explain any two stages in the evolution of marketing.
‘Marketing has gone through three distinct stages.’ Explain them in brief.
Name the stages of marketing.
