Which concept holds that consumers will buy products that offers the most quality performance and features?
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abhishek mishra Show
The Product concept holds that consumers will favour those products that offer the most quality, performance, or innovative features. The product concept proposes that consumers will prefer products that have better quality , performance and features as opposed to a normal product. _______ believes that the consumers will favour those products that offer the best quality, performance and features and therefore the organisation should devote its energy to making continuous product improvements.
Answer (Detailed Solution Below)Option 2 : Product concept of marketing Free CT 1: Current Affairs (Government Policies and Schemes) 10 Questions 10 Marks 10 Mins The correct answer is the Product concept of marketing
1. Selling concept of marketing
2. Profit concept of marketing
3. Production concept of marketing
← Prev Question Next Question → 0 votes 4.7k views asked Jun 24, 2019 in Business Studies by Prabhakar (74.1k points) The _______ concept holds that consumers will favour products that oer the most in quality, performance and innovative features. a. Marketing b. Production c. Product d. Selling
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answered Jun 24, 2019 by
Aarush (69.9k points) Best answer The Product concept holds that consumers will favour products that oer the most in quality, performance and innovative features. ← Prev Question Next Question → Find MCQs & Mock Test
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... Which concept holds that consumers will favor product that offer the most in quality performance and innovative features?The Product Concept.
This orientation holds that consumers will favor those products that offer the most quality, performance, or innovative features. Managers focusing on this concept concentrate on making superior products and improving them over time.
Which concept holds that consumers and businesses?The Selling concept holds that consumers and businesses, if left alone, will ordinarily not buy enough of the organization's products. The Selling Concept proposes that customers, be individual or organizations will not buy enough of the organization's products unless they are persuaded to do so through selling effort.
Which one of these concepts suggests that customers will Favour products?Product Concept. The product concept holds that consumers will favor products that offer the most quality, performance, and innovative features.
What is the concept of a product?A product concept is a description of a product or service, at an early stage in the product lifecycle. It is generated before any detailed design work is undertaken and takes into consideration market analysis, customer experience, product features, product cost, strategic fit, and product architecture.
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