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5 Cards in this Set

  • Front
  • Back

Marketing Policies


Manufacturing/ production concept

based on the belief that customers favor products that are available and highly affordable; thus, companies should focus on production and distribution efficiency.

Marketing Polices


Product Concept

based on belief that customers prefer existing products and product forms; thus, companies should develop good versions of these products.

Marketing Polices


Selling Concept

based on the belief that customers will not buy enough of the organizations undertake a large selling and promotion effort.

Marketing Polices


Marketing Concept

based on the belief that organizations should determine the needs and wants of target markets and sliver desired satisfaction more effectively and efficiently than competitors.

Marketing Polices


Societal marketing concept

based on the belief that organizations should determine needs and wants of target markets and deliver desired satisfaction more effectively and efficiently than competitors in a way that maintains or improves the consumer's and society's well-being.