In which kind of a market would a production orientation be most successful? A a market where there are more sellers than buyers B a buyer's market when supply exceeds demand C a seller's market when demand is greater than supply D a market that sells only intangible products
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Step 1: Define production orientation — a business philosophy that emphasizes high-volume, low-cost production and wide distribution, assuming customers mainly want available, inexpensive products rather than variety or tailored features. Show more…
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