Under Marketing management, the main focus of marketing concept is: |
Production Supplier Marketer Consumer |
Consumer |
The correct answer is option 4- Consumer. Under Marketing management, the main focus of marketing concept is Consumer. Marketing Concept implies that focus on satisfaction of customer’s needs is the key to the success of any organisation in the market. It assumes that in the long run an organisation can achieve its objective of maximisation of profit by identifying the needs of its present and prospective buyers and satisfying them in an effective way. All the decisions in a firm are taken from the point of view of the customers. In other words, customer’s satisfaction become the focal point of all decision making in the organisation. |