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PRC-3 · Chapter 7 · Question 1 of 72

The fundamental concept of modern marketing is that an organization should:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Focus on identifying and profitably satisfying the needs and wants of consumers

Explanation

The marketing concept asserts that a firm must analyze the needs of its target market and deliver the desired satisfactions more effectively and efficiently than competitors do.

All 72 questions in Chapter 7Concepts of Branding and Marketing MCQs with answers

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