Asked by
Laila Carter
on Nov 06, 2024Verified
In the context of the evolution of the marketing concept,the era of production orientation was characterized by _____.
A) the development of new technologies that made it possible to manufacture goods with ever increasing efficiency
B) a belief that sales were the primary means of increasing profits
C) the view adopted by businesspeople that advertising and personal selling were the primary means of increasing profits
D) the realization of entrepreneurs that they must first determine what customers want and then produce it
E) a belief that it was more effective to retain existing customers than it was to find new ones
New Technologies
The development and application of innovative tools, processes, or systems that improve or transform existing methods or create entirely new capabilities.
- Comprehend the fundamental operations and ideas in marketing.
Verified Answer
TT
Learning Objectives
- Comprehend the fundamental operations and ideas in marketing.
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