Question: Which statement best explains the marketing concept ? Multiple Choice A firm s main emphasis should be on the efficient utilization of its resources. A

Which statement best explains the marketing concept?
Multiple Choice
A firms main emphasis should be on the efficient utilization of its resources.
A companys chief executive should have prior experience as a marketing manager.
All of a firms activities and resources should be focused on fulfilling the needs of its customers while making a profit.
Firms today should spend more money on marketing than they have in the past.
A firm should always attempt to give customers what they need, regardless of the cost involved.

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