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Measurement and Modeling of the Economic Effects
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  • Production Concept : Consumers Prefer products that are widely available and inexpensive.
  • Product Concept : Consumers favor products that offer the most Quality, performance.
  • Selling Concept : Consumers will buy products only if the company aggressively promote / sells this products.
  • Marketing Concept : Focuses on needs / wants of target markets and Delivering value better than competitors.

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