- 1 Marks
BMIS – L1 – SA – Q6.3 – Competitive Forces and Markets
Question
When a confectionary company introduced a low sugar natural fruit jam in response to consumer’s demand, which one of the following philosophies was being followed?
A Selling concept
B Product concept
C Marketing concept
D Production concept
Answer
C
Explanation:
The marketing concept focuses on identifying and meeting consumer needs, as demonstrated by the confectionary company developing a low-sugar natural fruit jam in response to consumer demand. Option A (Selling concept) emphasizes aggressive sales tactics, not consumer needs. Option B (Product concept) focuses on improving product quality without necessarily addressing demand. Option D (Production concept) prioritizes production efficiency and cost. The answer is sourced from the provided document
- Tags: Business Philosophy, Consumer Demand, Marketing Concept, Product Development
- Level: Level 1
- Uploader: Samuel Duah