Henry Ford's philosophy was to perfect the Model-T so that its cost could be reduced further for increased consumer affordability. This most likely reflects the _.
A) production concept
B) marketing concept
C) societal marketing concept
D) customer-driving marketing concept
E) selling concept

Question

Quizplus · Accepted Answer

Henry Ford's focus on reducing costs to make the Model-T more affordable aligns with the production concept, which emphasizes efficiency and cost reduction to make products more accessible to consumers.

Henry Ford's Philosophy Was to Perfect the Model-T So That