Menu
Popular Courses
Search
Question
The term marketing refers to:
Options:
A .  New product concepts and improvements
B .  Advertising and promotion activities
C .  A philosophy that stresses customer value and satisfaction
D .  Planning sales campaigns
Answer: Option C
The term marketing refers to a philosophy that stresses customer value and satisfaction. The marketing concept and philosophy states that the organization should strive to satisfy its customers' wants and needs while meeting the organization's goals. In simple terms, "the customer is king".

Was this answer helpful ?
Next Question

Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) ICA 2024
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE 2024
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Part1 Basic Concepts Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Direction Sense Test Part 1 Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths

Latest Test Papers

Test paper 1 Reasoning & DI
Chapter 3.1 : INTRODUCTION GPOE/GPA 2024
Chapter 1.1 : INTRODUCTION GPOE/GPA 2024
Chapter 2.3 : COAL HANDLING PLANT - Set 1 GPOE/GPA 2024
Chapter 1.1 : Personnel Functions- An overview GFM 2024