Statement (I): The mindset commonly associated with a long-ago era when the demand for goods generally exceeded the supply and primary focus in business was to effectively produce medium quantities of products, finding the customers was viewed as a relatively major function.
Statement (II): The firms with product orientation typically focus on the quality and quantity of offerings while assuming that customers will seek out and buy reasonably priced well-made products.

A. Statements (I) and (II) are incorrect

B. Statements (I) and (II) are correct

C. Statement (I) is correct, but statement (II) is incorrect

D. Statement (I) is incorrect, but statement (II) is correct

Answer: Option D