Statement (I): The mindset which is commonly associated with a long-ago era when the demand for goods generally exceeded the supply, and the 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.From the above statements indicate the correct code of being statements correct or incorrect The statements relate to concepts of marketing.

• A. Both the statements (I) and (II) are not correct.
• B. Both the statements (I) and (II) are correct.
• C. Statement (I) is correct but statement (II) is not correct.
• D. Statement (I) is not correct but statement (II) is correct.