Business & ManagementIB

Market vs. product orientation

Market vs. product orientation...Product orientation business is focused on the production process and the product itself. They believe that a high...
Market vs. product orientation

Product orientation business is focused on the production process and the product itself. They believe that a high quality product will satisfy customers and therefore will sell well.

Market orientation business is focused on continually identifying, reviewing and analysing customers’ needs. They believe that once they identify the needs of the customers, they will be able to accordingly produce a product that will satisfy their needs.

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