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A firm should adopt a product-oriented approach when it has a strong focus on innovation and quality, aiming to create superior products that stand out in the market. This strategy is effective in industries where product features, design, and technology are key competitive advantages. Additionally, it may be suitable when customer preferences are well understood, allowing the firm to lead with its offerings rather than just responding to market demands. However, it is crucial that the firm balances this with market feedback to avoid alienating potential customers.
What else can I help you with?
What is a global product?
A global product is a commercial product (e.g., Coca-Cola) that is marketed throughout the entire world under the same brand name.
Under what conditions does a nation have an absolute advantage in the production of a product?
When a nation can use fewer resources to produce the same amount of a product, it has an absolute advantage in the production of that product.
Why do economic descisions vary from person to person even under the same circumstances?
Costs and benefits are subjective.
Why do economic decisions vary from person-to-person even under the same circumstances?
Cost and benefits are subjective
Disadvantages of GATT?
GATT is now known as WTO. The disadvantage of GATT is, It requires the member country to be market oriented, which is not possible for under developed countries that are facing poverty.
Under what circumstances would a vector have components that are equal in magnitude?
if the vector is oriented at 45 degrees from the axes.
What is a sentence for Circumstances?
Under no circumstances you should have did your homework
Who should be given patient information and under what circumstances?
doctor
Under what circumstances was the production-oriented philosophy of doing business first called into question?
turbulent economic conditions associated with the late 1920s through the 1940s caused many companies to fail even though they had adopted this production-oriented philosophy of doing business.
Do any states require parenting classes for first time parents?
Under normal circumstances, no (the court can order it under specific circumstances). But every state should require it.
How much hand sanitizer can you eat?
Yes, if ingested the subject should wash their mouth out imediatley or receive medical attention.
What should you do if you're under rubble after a tornado hits?
Call for help periodically if you can. Under such circumstances there will be search and rescue teams.
Under what circumstances should a HEV with parallel configuration be used?
long distances and up hill
How should you tell your boyfriend of 6 days that im in love with him?
You shouldn't. Under any circumstances!
Under normal circumstances the introduction should constitute about 10 to 20 percent of a speech?
True
What is a substance that carries electricity under circumstances but not under other circumstances is called?
A substance that carries electricity under certain circumstances but not under others is called a semiconductor.
Under what circumstances does your atom have a - charge?
Under what circumstances does your atom have a negative charge
