The essence of marketing concepts is that all company planning, operations and other activities should be?
Answer Details
The essence of marketing concepts is that all company planning, operations, and other activities should be consumer-oriented. This means that the company should focus on understanding the needs and wants of its target market and creating products or services that meet those needs. By being consumer-oriented, the company can build strong relationships with its customers, which can lead to increased loyalty and repeat business. This approach also helps the company to stay competitive in the market and achieve its long-term goals. Other orientations, such as product-oriented, company-oriented, profit-oriented, or dividend-oriented, may not prioritize the needs of the customers and may not be as effective in achieving the company's overall objectives.