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managers organize their enterprises by markets. each market has its won departments and expertise. this system allows the company to remain close to its customers. each unit determine what its own customers and deliver it without reference to the other units of the organization. each market has its own development, production, marketing and sales and corporate services.
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What is the difference between a consumer market and organizational market?
A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)
What is the difference between organizational market and consumer market?
A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)
what factors how organizational affects the market?
There are different organizational factors which can affect the market. These can be both internal and external. internal factors include finance, research, and manufacturing. External factors can be political situation, economy, and suppliers plus competitors.
In what ways does organizational change differ from organizational development?
The organizational chart is a reflection of the completed and implemented organizational development.
What is organizational competitiveness?
Organizational competitiveness refers to a company's ability to effectively position itself in the market to outperform its rivals. This involves leveraging unique resources, capabilities, and strategies to deliver superior value to customers, enhance operational efficiency, and adapt to changing market conditions. Key factors include innovation, quality of products or services, cost management, and customer engagement. Ultimately, a competitive organization consistently meets or exceeds market demands, ensuring long-term sustainability and growth.
How do three primary stakeholders capital market organizational product market influence the organization?
1. Capital market stakeholders 2. Product market stakeholders and 3.Organizational stakeholders
What is the difference between a consumer market and organizational market?
A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)
What is the difference between organizational market and consumer market?
A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)
what factors how organizational affects the market?
There are different organizational factors which can affect the market. These can be both internal and external. internal factors include finance, research, and manufacturing. External factors can be political situation, economy, and suppliers plus competitors.
Who is the largest single buyer?
Federal, state, and local governments represent the largest single business or organizational market.
Use a range of examples to illustrate the relationship between market force and organizational responses?
Globalization of production is one example that illustrates the relationship between market force and organizational responses. For instance, if customer demand around the globe for a product increase, organizations have to respond to meet those needs.
What is the importance and applications of social science in industry?
Social science is important in industry for understanding consumer behavior, market trends, and organizational dynamics. It can help businesses make informed decisions regarding product development, marketing strategies, and employee satisfaction. Applications include market research, organizational development, and human resource management.
What are the features of modern organisational theory?
Modern organizational theory focuses on concepts such as flexibility, decentralization, and flat organizational structures. It emphasizes employee empowerment, teamwork, and the importance of communication and collaboration within organizations. Additionally, modern organizational theory emphasizes the need for adaptability and responsiveness to changes in the environment and market conditions.
What is organizational asset?
Organizational assets include those things that an organization owns and out of which the organization stands to make some financial gain as a result of having them. These may be machinery, Natural Resources, a trade secret or proximity to a certain market.
Which organizational is least valuable in determining who should participate in a pay survey?
including the organization recognized as the lowest payer in the labor market area
What does organizational opportunity mean?
Organizational opportunity refers to the potential for an organization to leverage its resources, capabilities, and market conditions to achieve growth, innovation, or competitive advantage. It often arises from changes in the external environment, such as emerging market trends, technological advancements, or shifts in consumer behavior. Recognizing and acting on these opportunities allows organizations to enhance their performance and adapt to evolving circumstances. Ultimately, seizing organizational opportunities can lead to improved strategic positioning and long-term success.
What are the three market concept?
The three marketing concept orientations are the following:ACHIEVING ORGANIZATIONAL GOALSDEPENDS ON KNOWING THE NEEDSWANTS OF TARGET MARKETS AND DELIVERING THE DESIRED SATISFACTION
