The effective and efficient delivery of the desired satisfaction by a firm is said to be the practice of
Answer Details
The practice of delivering the desired satisfaction to customers in an effective and efficient way is called the Marketing Concept.
The marketing concept is a customer-focused approach to doing business. It means that the company focuses on understanding the needs and wants of its customers and then creates products and services that meet those needs. The company also focuses on promoting and selling those products in a way that is appealing to the customer. By doing this, the company aims to deliver the highest level of satisfaction to its customers and build long-lasting relationships with them.
In simple terms, the marketing concept is all about putting the customer first and making sure they are happy with what the company is offering.