When companies make marketing decisions by considering consumers wants and the long run interests of the company consumer and the general population they are practicing which of the following principle ?

Related Mcqs:

The biggest of greatest amount of involvement in a foreign market comes through which of the following ?

A. Exporting B. Joint venturing C. Licensing D. Direct investment...

_______ is the general term for a buying and selling process that is supported by electronic means?

A. Internet commerce B. Web commerce C. Computer commerce D. Electronic commerce...

The course of a product’s sales and profits over its lifetime is called ?

A. the sales chart B. the dynamic growth curve C. the adoption cycle D. the adoption cycle E. the product life cycle...

Technological advances, shifts in consumer tastes, and increased competition all of which reduce demand for a product are typical of which stage in the PLC ?

A. decline stage B. introduction stage C. growth stage D. maturity stage...

According to Engel’s law as income rises ?

A. The percentage spent on food rises B. The percentage spent on housing increases C. The percentage spent on other categories increase D. The percentage spent on savings remains constant...