The marketing concept stresses that the social and economic justification for an organization's existence is the satisfaction of customer needs and wants while:
A. producing a good or service at the lowest possible cost
B. improving the general standard of living
C. constantly increasing sales volumes
D. applying scientific management techniques to improve efficiency
E. simultaneously meeting organization objectives
Answer: E
You might also like to view...
Figure 4.3 represents the domestic market for gasoline in the United States. What is the consumer surplus in this market?
a. 60 gallons of gasoline
b. $120
c. $60
d. $3
Which of the following would be added to the balance per books on a bank reconciliation?
A) Notes collected by the bank B) Deposits in transit C) Service charges D) Outstanding checks
If appropriate, you should break up or replace paragraphs with ____________________
a. appendices b. lists c. web links d. columns
The most common form of agency relationship is employer-employee
a. True b. False Indicate whether the statement is true or false