At one time business owners believed that if you manufactured a better product,

Question

At one time business owners believed that if you manufactured a better product, and had sufficient quantities for sales customers would be so impressed that they would buy it. What was this concept known as? (A) Selling concept (B) Production concept (C) Social concept (D) None of the above For which of the following reasons are marketers everywhere using the internet? (A) Build stronger customer relationship (B) Access new markets and customers (C) Promote new products (D) All of the above People, equipment, and procedures are gathered together to sort, analyze, evaluate and distribute needed timely and accurate information to marketing decision makers is called? (A) Organizational structure (B) Marketing information systems (C) Product mix (D) None of the above Arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of a target market is called. (A) Differentiation (B) Segmentation (C) Positioning (D) Propositioning

Explanation / Answer

1.Production concept

The fundamental suggestion of the generation idea is that clients will pick items and administrations that are generally accessible and are of minimal effort. So business is chiefly worried about making whatever number units as could be expected under the circumstances. By focusing on delivering greatest volumes, such a business intends to boost benefit by misusing economies of scale. Chiefs attempt to accomplish higher volume with ease and concentrated appropriation procedure. This appears a reasonable technique in a creating market where advertise extension is the survival methodology for the business. Organizations intrigued to take the advantage of scale economies handbag this sort of introduction.

In a generation orientated business, the requirements of clients are optional contrasted with the need with increment yield. Such an approach is presumably best when a business works in high development markets or where the potential for economies of scale is noteworthy. It is characteristic that the organizations can't convey quality items and experience the ill effects of issues emerging out of indifferent conduct with the clients.

2.all the above

3.marketing information system

A promoting data framework is an administration data framework intended to help showcasing choice making.it as a "framework in which advertising information is formally assembled, put away, broke down and disseminated to directors as per their educational needs all the time."

4.Positioning

Situating Arranging for a market offering to possess a reasonable, particular, and alluring spot in respect to contending items in the brains of target purchasers

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