The tendency of an industry to locate close to its market . Industries locate near the market if the cost of transport of the finished.
Coca Cola is market-oriented and most of its products are determined by what the market demands. The promotions are also geared towards a particular market.
A real market oriented firm will be able to meet the wants and the needs of its clients by all means.
what is the differences between Industry and Market
A company is considered market-oriented if it prioritizes understanding and responding to customer needs and preferences in its products and services. Indicators of a market-oriented company include regular market research, customer feedback mechanisms, and a flexible approach to adapting strategies based on market trends. Additionally, such companies often emphasize cross-functional collaboration to ensure alignment with customer demands across departments. Finally, a strong focus on customer satisfaction and long-term relationships reflects a market-oriented mindset.
The cotton textile industry deals with creating cotton fabrics in the factory from raw cotton. It is one of the traditional industries that have become large scale after mechanisation.
John LaRosa has written: 'The textile machinery industry' -- subject(s): Market surveys, Textile machinery industry
Any business regardless of industry or function has to be market oriented.
The tendency of an industry to locate close to its market . Industries locate near the market if the cost of transport of the finished.
industry oriented planning
Textile Industry Textile Industry
Textile Industry Textile Industry
Textile Industry Textile Industry
Textile Industry Textile Industry
Textile Industry Textile Industry
industry oriented planning
industry oriented planning