Final answer:
The societal marketing concept is the idea that a company's marketing decisions should consider consumers' wants, the company's requirements, consumers' long-run interests, and society's long-run interests.
Step-by-step explanation:
The societal marketing concept is best described as a. the idea that a company's marketing decisions should consider consumers' wants, the company's requirements, consumers' long-run interests, and society's long-run interests. This concept emphasizes the importance of taking into account not only the immediate needs and desires of consumers, but also the long-term impact on the well-being of both individuals and society as a whole. By adopting this approach, companies strive to create and promote products that meet consumer needs while also aligning with social and environmental values.