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Which marketing management philosophy lays emphasis on bringing continuous improvement in the quality of the product?

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Question

Which marketing management philosophy lays emphasis on bringing continuous improvement in the quality of the product?

Options

  • production concept

  • product concept

  • marketing concept

  • social marketing concept

MCQ
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Solution

product concept

Explanation:

The goal of product concept is to continuously improve the product's quality by adding new features, among other things. According to the theory of product orientation, a company's ability to maximize profits depends on its ability to develop its products.

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2021-2022 (December) Term 1
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