Match the LIST-I with LIST-II
LIST-I (Marketing Management Philosophies) LIST-II (Definition) A. The Production Concept I. Customers will not buy, or not buy enough, unless they are adequately convinced and motivated to do so. B. The Product Concept II. Focus on satisfaction of customer's needs is the key to the success of any organisation in the market. C. The Selling Concept III. Consumers would favor those products which were widely available at an affordable price. D. The Marketing Concept IV. Customers started looking for products which were superior in quality, performance and features.
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I (Marketing Management Philosophies) | LIST-II (Definition) |
|---|---|
| A. The Production Concept | I. Customers will not buy, or not buy enough, unless they are adequately convinced and motivated to do so. |
| B. The Product Concept | II. Focus on satisfaction of customer's needs is the key to the success of any organisation in the market. |
| C. The Selling Concept | III. Consumers would favor those products which were widely available at an affordable price. |
| D. The Marketing Concept | IV. Customers started looking for products which were superior in quality, performance and features. |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 4
The production concept assumes consumers favour widely available, affordable products (III). The product concept holds that customers seek superior quality, performance and features (IV). The selling concept believes customers will not buy enough unless convinced and motivated (I). The marketing concept focuses on satisfying customer needs as the key to success (II). Hence A-III, B-IV, C-I, D-II.
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