Question

______ is not a concept of market.

Options

• Area concept

• Demand concept

• People concept

• Supplier concept

Answer 1

Supplier concept is not a concept of market.

Explanation:

The market concepts typically include the area, demand, and people concepts, which relate to geographical coverage, customer demand, and the target audience, respectively. The supplier concept is not generally recognized as a core concept of the market in marketing theory.