Home
Class 12
BUSINESS STUDIES
Mansi, a shoe manufacture for school stu...

Mansi, a shoe manufacture for school students, decided to maximise her profit by producing and distributing at large scale and thereby reducing the average cost of production.
i) Identify the marketting management philosophy adopted by Mansi.
ii) Explain this philosophy on the basis of:
a) Main focus
b) Means and ends.

Text Solution

Verified by Experts

`(i)` Mansi adopted the production concept. The focus of business activites was on production of goods as the demand for goods started picking up as the supply was low. Thus, it was believed that profit could be maximised by producing at large scale, thereby, reducing the average cost of production.
`(ii)` `(a)` The main focus of production concept is on quantity of product.
`(b)` Availablity and affordability of product is the means and profit through volume of production is the end.
Promotional Banner

Topper's Solved these Questions

  • MARKETING MANAGEMENT

    ARIHANT PUBLICATION|Exercise Self Assessment|24 Videos
  • FINANCIAL MARKET

    ARIHANT PUBLICATION|Exercise CBSE Examinations Archive (Long Answer Type Questions)|6 Videos
  • NATURE AND SIGNIFICANCE OF MANAGEMENT

    ARIHANT PUBLICATION|Exercise CBSE EXAMINATIONS ARCHIVE ( LONG ANSWER)|12 Videos
ARIHANT PUBLICATION-MARKETING MANAGEMENT -CBSE Examinations archive
  1. Packaging has acquired great significance in the marketing of goods. I...

    Text Solution

    |

  2. Nisha a school bag manufacture decided to improve the product for prof...

    Text Solution

    |

  3. Mansi, a shoe manufacture for school students, decided to maximise her...

    Text Solution

    |

  4. Explain market planning, product designing and development as function...

    Text Solution

    |

  5. Explain any three functions of marketing.

    Text Solution

    |

  6. Explain any two functions of marketing.

    Text Solution

    |

  7. Explain the following functions of marketing. (i) Marketing planning...

    Text Solution

    |

  8. Explain the following functions of marketing. (i) Gathering and anal...

    Text Solution

    |

  9. Explain the role of marketing in a firm.

    Text Solution

    |

  10. What is meant by product concept of marketing?

    Text Solution

    |

  11. What is meant by selling concept of marketing?

    Text Solution

    |

  12. After acquiring the necessary knowledge and skills on starting an Aloe...

    Text Solution

    |

  13. Explain the following functions of marketing. (i) Product designing ...

    Text Solution

    |

  14. Explain the following function of marketing (i) Gathering and analys...

    Text Solution

    |

  15. Explain the role of advertising marketing management.

    Text Solution

    |

  16. Explain any four factors, which affect the determination of the price ...

    Text Solution

    |

  17. Pricing of a product is an important and effective competitive weapon ...

    Text Solution

    |

  18. Price of product is influenced by many factors'. Explain any five fact...

    Text Solution

    |

  19. You are a toothpaste manufacturer and you have introduced a new brand ...

    Text Solution

    |

  20. Name that element of marketing mix which affects the revenue and profi...

    Text Solution

    |