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
2
Q
production concept
A
organizations focus should be to keep costs down and access convenient
3
Q
product concept
A
consumers will favor products that offer most quality, performance, or innovative features
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
5
Q
marketing concept
A
sense and responsible orientation
6
Q
holistic concept
A
recognizing the need to have a cohesive philosophy that goes beyond traditional applications of the marketing concept