Company Orientation Toward Marketplace: Holistic Marketing
Company Orientation Toward the Marketplace A company's orientation toward the marketplace refers to how it approaches and interacts with its target market, customers, and competitors. There are several distinct orientations that businesses can adopt, each of which shapes their marketing strategy, product development, and customer relationships. Here are the main types: Production Concepts . Production Orientation: Efficiency-Centric StrategyCore Principle: "If we make it efficiently and cheaply, customers will buy…