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Difference between product orientation and market orientation?

Product orientation during development is using what you have to make what you can with it. Market orientation is seeing what is lacking in the marketplace and uncovering an efficient, expedient way to fill the gap.


What is the difference between market and selling orientation of doing business?

market orientation mean market making for product. it is a long term prospective of the business.A firm using a sales orientation focuses primarily on the selling/promotion of a particular product, and not determining new consumer desires as such


What is the difference between product oriented and market oriented?

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


What is the difference between factor and product market?

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 =)


What is the difference between resource market and product market?

Wet wipes come in several diffrent flavours.


What is the difference between a labor market and a factory market?

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.


Distinguish between production orientation and marketing orientation?

A product oriented business is when a business/company does not carry out research before manufacturing a product whilst a market orientated business is a business/company that carries out research before manufacturing a product(s)


What is the difference between a product led business and a market led business?

bob your maw


What is the role of production orientation in marketing?

Product orientation is where the main focus is the product and not the market. A product is made so that it meets its own needs and not that of the markets, the needs of the customers are secondary to that of the products.


What is the difference between a monopoly and a monopsony?

A monopoly is when a single company controls the supply of a product or service in a market, while a monopsony is when a single buyer controls the demand for a product or service in a market.


WHAT ARE THE COST OF MARKET ORIENTATION?

setting marketing focus structure initial product development


Which is the least likely cause of a product's failure in the marketplace?

lack of market orientation of the seller