Actual output is the "real" GDP ( gross domestic product). potential output is the targeted output set by the government. the difference between the actual and potential output is UNDEREMPLOYMENT!
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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.
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Sales is a narrow concept. It is Money oriented , whereas Marketing is a broad concept. It is a Money and Customer satisfaction oriented....When customer is satisfied with product only then he'll purchase that product..
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.
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
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.
what is the difference between balance n product modulator
What is a difference between product metrics and process metrics
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.
what is the difference between product analysis and heat analysis
what is the difference between concept selling and product selling?
Marketing oriented business centers its activities on satisfying the needs or wants of its customers. Product oriented has its primary focus on the development of its product.
Actual output is the "real" GDP ( gross domestic product). potential output is the targeted output set by the government. the difference between the actual and potential output is UNDEREMPLOYMENT!
there is no difference between them. mclaren is a product of mercedes.