Role of Marketing (HSC SSCE Business Studies): Quizzes

📚Quizzes
Production, Selling, and Marketing Approaches
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What was the main focus of the production approach during the 1820s-1920s?

Manufacturing goods efficiently

Why did Henry Ford offer the Model T in one colour only (black)?

Black paint dried fastest

What was the crucial limitation of the selling approach?

Businesses didn't ask what customers wanted

What do marketing approach businesses research before production?

Customer needs first

What is discretionary income?

Money available after buying necessities

Which is NOT one of the four marketing concept principles?

Price optimization

How long did Slack test its app before the first version release?

Seven months

What three things must societal marketing balance?

Wants, profits, society's interests

How many children does Nestlé aim to help lead healthier lives by 2030?

50 million

Which approach emerged when demand exceeded supply?

Production approach

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