What cognizance of the consumer's need is taken by the marketing concept?

Answer:
The marketing concept begins with the premise that the starting point for business decisions is the customer's needs and wants. Those needs and wants are carefully researched and thoroughly analyzed.
First answer by Enc of Biz and Finance. Last edit by Enc of Biz and Finance. Contributor trust: 24 [recommend contributor recommended]. Question popularity: 2 [recommend question].