Production orientation means producing product according to the goods acts and here is the seller king. and market orientation means producing the product according to the customer wants needs to satisfy them in order tho achieve the organizational goals
1) A product- orientated business is one whose main focus of activity is on the product itself. A market- orientated business is one which carries out market research to find out consumer wants before a product is developed and produced.
A marketing oriented route focuses on packaging while a product oriented approach focuses on the stages needed to make a product sell. Both approaches relate to each other, but have different onsets.
well i think being an investor a person want to earn more and more after investment so if he invest on a project or product which donot hold market share or which has no market than obviously all the investment donot get the maximum profit and the profit is first piority of investor rahther than product quality or product image because if there is no demand of that product in the market and no one need that product than it will be big lose for investor thats why investors are more market oriented than product oriented
Wet wipes come in several diffrent flavours.
bob your maw
1) A product- orientated business is one whose main focus of activity is on the product itself. A market- orientated business is one which carries out market research to find out consumer wants before a product is developed and produced.
A marketing oriented route focuses on packaging while a product oriented approach focuses on the stages needed to make a product sell. Both approaches relate to each other, but have different onsets.
A marketing oriented route focuses on packaging while a product oriented approach focuses on the stages needed to make a product sell. Both approaches relate to each other, but have different onsets.
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
Product oriented marketing will primarily be focused on the product itself. The marketing will work to convey the product's functionality and appearance. The market oriented approach will focus more on the appeal or social status the product provides.
Product oriented marketing is a business approach that focuses on the firm's product in trying to garner more market share for a firm. Other approaches include sales and market orientation.
well i think being an investor a person want to earn more and more after investment so if he invest on a project or product which donot hold market share or which has no market than obviously all the investment donot get the maximum profit and the profit is first piority of investor rahther than product quality or product image because if there is no demand of that product in the market and no one need that product than it will be big lose for investor thats why investors are more market oriented than product oriented
Wet wipes come in several diffrent flavours.
The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods.
bob your maw
Market oriented price is a competition based strategy. The seller sets their prices higher or lower compared to the competitors. One example of this is the real estate market.
Marketing Oriented: Company focus primarily on customers needs and wants based on reliable data. Sales Driven Companies: The main objective is sales and customer's needs are competely ignored