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

Question

Quizplus · Accepted Answer

Henry Ford's philosophy reflects the production concept, which focuses on achieving production efficiency and reducing costs by improving production and distribution processes. It emphasizes mass production and high efficiency to reduce prices and make products affordable for consumers.

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