chapter 2 Flashcards

1
Q

Evolution of the marketing concept

A
the production concept
the product concept
the selling concept
the marketing concept
the holistic concept
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2
Q

production concept

A

organizations focus should be to keep costs down and access convenient

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3
Q

product concept

A

consumers will favor products that offer most quality, performance, or innovative features

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4
Q

selling concept

A

consumers and business won’t buy enough of the organizations product to meet its goals, must take aggressive selling and promotion effort

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5
Q

marketing concept

A

sense and responsible orientation

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6
Q

holistic concept

A

recognizing the need to have a cohesive philosophy that goes beyond traditional applications of the marketing concept

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