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What are the advantages of being a market-oriented company?

· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size


What are the advantages and disadvantages of being a unlisted company?

There are many advantages and disadvantages to being an unlisted company. Advantages would be being more private and not being overwhelmed with potential clients. However, there is more of a disadvantage than anything. Most people will not be able to search for your company online because it is unlisted, so you will lose out on money that way.


Investors are said to be more market oriented than product oriented .?

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


What is the advantages and disadvantages of research on the youth market?

The advantages are that today's youth is in touch with technology and what's cool. Disadvantages are that they are all idiots. (I'd know :) being that I am a teen)


How do you make a pricing strategy for the tourism business?

Deciding on a pricing strategy for a tourism business is wholly dependent on the businesses marketing objectives. The strategies developed are affected both by the internal factors and external factors. Pricing Strategies fall broadly under two categories: Profit Oriented; and Non-Profit Oriented. The profit oriented looks at ways in which the maximum profit can be obtained for the product/service. The non profit oriented could be either sales oriented or status quo oriented. Sales oriented could see the business try to maximise sales through reducing prices, the idea being that you stack high and sell low. By setting prices low, and excitement for new products is produce, which generates more customers/sales. This is also use to grow the market share, where the long term benefit is more important than immediate profits. Status Quo oriented can be for the companies survival in an economic slump, and the business has too much capacity, or when there is a change in the customers wants. Status quo also us used to obtain a dominant market position, and maintain that position and market share. The belief is that the company with the highest market share will eventually enjoy low costs and high long-run profit, so prices are set as low as possible, and these low prices create demand for the product/service, and as the demand increases, the low-revenue business is replaced with higher revenue business as the prices are raised.

Related Questions

What are the advantages of being a market-oriented company?

· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size


What are the advantages of being a market oriented company?

· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size


What are the advantages and disadvantages of being a unlisted company?

There are many advantages and disadvantages to being an unlisted company. Advantages would be being more private and not being overwhelmed with potential clients. However, there is more of a disadvantage than anything. Most people will not be able to search for your company online because it is unlisted, so you will lose out on money that way.


Investors are said to be more market oriented than product oriented .?

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


What attributes can you bring to this company?

This is a common interview question. You could say, 'My great customer service skills, my commitment to being a team player, my passion for this company, or being detailed oriented.'


What is non-business market?

Not for profit oriented organizations whose aim is to provide some goods and services for public well being


What is stock symbol for Spotify?

Spotify is not on the stock market. With it not being on the stock market it is a privately held company.


What is the advantages and disadvantages of research on the youth market?

The advantages are that today's youth is in touch with technology and what's cool. Disadvantages are that they are all idiots. (I'd know :) being that I am a teen)


What are disadvantages to a market economy?

A Market economy is reffered to as an economy in which the consumers decide what to produce, How to produce and For whom to produce. There are several disadvantages of a market economy. The main one being an inefficient allocation of resources refered to as market failure. Firstly, some good and services would be under provided such as defence and education.


What are the disadvantages of a cosmetologist?

Some disadvantages of being a cosmetologist is the customers attitudes. Also if you dont work for a big company, then you have to pay your own Health insurance, and you get no paid vacations.


The advantages and disadvantages of GATT?

The advantages of GATT include being a step towards globalization with possible growth increase, allowing input sources and export markets, and providing a chance for developing nations to embrace new reforms. The disadvantages are that members cannot seek specific components or opt out of them, it is market-oriented, developing nations must deal with the developed nations' corporations, and developing nations can only prosper with a boosted economy.


Disadvantages of being a musician?

There is no such thing as disadvantages for being a musician.