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Question
Rohan is manufacturing lunch boxes for school going children. To maximize the profits, he decided to improve their quality and added a hot case to the boxes. As a result of this improvement in the product, its sale increased gradually. Which of the following marketing philosophy was involved :
Options
Product
Prize
Standard
None of the above
MCQ
Solution
Product
Explanation -
Under the concept of product orientation, product enhancement became the key to a company's profit maximisation. With a rise in the number of products available. Customers began shopping for products that met their needs were superior in terms of quality, performance, and reliability features. As a result, the firms' focus has shifted. the emphasis has shifted from quantity to quality a variety of goods
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Nature of Product
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