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Mansi, a shoe manufacturer for school students, decided to maximise her profit by more production and appropriate distribution at a large scale thereby reducing the average cost of production. (i) Identify the marketing management philosophy adopted by Mansi. (ii) Explain this philosophy on the basis of: (a) Main Focus (b) Means and Ends. |
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Answer» (i) Production Concept. (ii) (a) Main Focus: This concept emphasises on quantity of the product. (b) Means: Availability and affordability of the product is considered as the means to success under the production concept. Ends: It is believed that profits can be maximised by reducing the production cost through the mass production. |
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