According to the _______concept,a firm must (1)find out what customers want and provide it, (2)make sure everyone in the organization has a service orientation,and (3)provide goods and services that will earn a profit.

Question

Quizplus · Accepted Answer

The given concept describes the basic principles of marketing, which focus on understanding customer needs, providing excellent service, and generating profits through the right products and services. Therefore, the correct answer is option D - marketing. The other options do not fully address the three key elements mentioned in the concept. Stakeholder relationship refers to the broader network of individuals and groups who have a stake in the organization, while demand-side and consumerism are more specific terms related to market demand and consumer advocacy, respectively.

According to the _______Concept,a Firm Must (1)find Out What Customers