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What is market oriented firm?

A real market oriented firm will be able to meet the wants and the needs of its clients by all means.


The Ultimate Resource of a firm?

employees\


Is the business plan the ultimate resource of a firm?

No


How can a firm avoid marketing myopia?

by providing more customer-oriented service rather than product-oriented service.


What is product oriented marketing?

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.


What is a quality certificate?

IT IS THE PROOF OF EVIDENCE OF QUALITY ASSURANCE ORIENTED FIRM IN TERMS OF SERVICE TO ITS CUSTOMER


Why firm shift from conventional database to object oriented database?

simplified standard model of database


The ultimate resource of a firm is its?

The ultimate resource of a firm is its people. Employees bring skills, expertise, creativity, and innovation to the organization, driving business success and growth. Without talented and motivated individuals, a firm would struggle to achieve its goals and compete effectively in the market.


What is a product oriented business?

this is a business on a farm by loads of cows and chickens. and its usely a firm which sell products


When are resource and competencies valuable for a firm?

Resources are valuable for a firm because those are needed in order for production to occur. Competencies are necessary because a firm needs to be knowledgeable and competent in their business practices.


Explain why project-oriented firms require excess resource capacity?

In project oriented firms there is much more uncertainty about the timing of resource needs since the resources primarily move between projects rather than moving between projects and a functional department. Therefore, extra resource capacity is needed as a buffer given the greater level of uncertainty present.


Explain why project oriented firms require excess resource capacity?

In project oriented firms there is much more uncertainty about the timing of resource needs since the resources primarily move between projects rather than moving between projects and a functional department. Therefore, extra resource capacity is needed as a buffer given the greater level of uncertainty present.