38 Which management philosophy is focused on creating the highest quality goods while ignoring customer needs and wants?

Sales philosophy

Societal philosophy

Production philosophy

Marketing philosophy

Product philosophy

40 ____ occurs when a product is withdrawn from the market.

Divesting

Harvesting

Investing

Holding

Expanding

41 ____ is a strategy of increasing sales and profits by maintaining an existing product in the existing market.

product development

market development

market penetration

product penetration

diversification

42 The main focus of the marketing philosophy is ____.

Convincing customers to buy products by any means possible.

getting consumers to discuss the companys activities.

satisfying customer needs and wants better than competitors.

providing as many goods or services possible

advertising and promoting products.