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Business Studies · 2023 · 1 mark

CBSE 2023 · Region 4 · Set 2 · Q2

Match the following marketing philosophies given in Column I with their
respective meaning given in Column II.
Column I Column II
(i)
P The Product concept It emphasises on increasing the profit
through increased sales volumes by
adopting aggressive selling techniques
(ii)
Q The Production It emphasises on quality performance
concept and features of product and thus profit
maximisation through product
improvement
(iii)
R The Selling concept It emphasises on profit maximisation
through volume of production, thereby
reducing the cost of production
(iv)
S The Marketing It emphasises on profit maximisation
concept through customer satisfaction, i.e.
identifying the needs of its present and
prospective buyers and satisfying them
in an effective manner

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