Start learning 50% faster. Sign in now
The Production Concept holds that consumers will favour products that are available and highly affordable, and that management should therefore focus on improving production and distribution efficiency. Revolves around economies of scale Useful when: Demand > Supply Product Concept holds that consumers will favour products that offer the most quality, performance and innovative features, and that an organization should thus devote energy to making continuous product improvements. The Selling Concept holds that consumers will not buy enough of the organization's products unless it undertakes a large-scale selling and promotion effort. The Marketing Concept holds that achieving organizational goals depends on determining the needs and wants of target markets and delivering the desired satisfactions more effectively and efficiently than competitors do. The Societal Marketing Concept holds that the organization should determine the needs, wants and interests of target markets. It should then deliver the desired satisfactions more effectively and efficiently than competitors in a way that maintains or improves the consumer's and the society's well-being.
What does the "Word Count" feature in a word processing software typically provide?
A person, 'Q', uses 40% of their monthly income on food and then spends 60% of what is left on rent. After covering these expense...
I). p 2 – 5p – 126 = 0
II). q 2 + 9q – 90 = 0
Income of A is twice the income of B. B and A spend 55% and 65% respectively of their incomes. Find the savings of A, if B saves Rs. 18000 in a month.
28, 52, 84, 124, 172, ?.
315 people went to a park. The number of men is 25 more than the number of women and the number of adults is 15 more than the number of children. How ma...
Pipe P can fill a tank by itself in 16 hours, while pipe R can empty the tank in 36 hours when it is full. Together, pipes P and ...
Ayush invested a certain amount at a compound interest rate of 20% per annum, compounded annually, for 2 years and earned Rs. 2,3...
Three colleagues, M, N, and O, have an average age of 27. Ten years ago, their ages were in the ratio of 4:6:7. What is the average age of M and N today?
A triangle has sides 7 cm, 24 cm, and 25 cm. A circle is inscribed in the triangle. What is the area of the triangle not covered by the circle?