PRODUCTION ORIENTATION


Meaning of PRODUCTION ORIENTATION in English

[marketing] the production orientation is a philosophy that focuses on assessing a firm's capabilities rather than on the desires and needs of the marketplace

Note: In short, what a firm produces may not be what the market need.

eg: PPG Industries spent considerable time, effort and money developing a bluish windshield that would be significantly better than existing windshields. However, the automobile manufacturers refused to buy it because they didn't like the color or the price.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.