The philosophy where companies concentrate their efforts on the product being made is known as which of the following philosophies?

Question

Quizplus · Accepted Answer

The production concept is a philosophy that focuses on the production and manufacturing efficiency of a company, operating under the assumption that as long as a product is of high quality and reasonably priced, it will find buyers. This approach emphasizes the importance of production efficiency and scale to drive down costs and make products accessible to a broad audience.

The Philosophy Where Companies Concentrate Their Efforts on the Product