In which kind of market would a production orientation be most successful?
A)a buyer's market in which supply exceeds demand
B)a market in which there are more sellers than buyers
C)a seller's market in which demand is greater than supply
D)a market that sells only intangible products
E)no market

Question

Quizplus · Accepted Answer

In a seller's market in which demand is greater than supply, a production orientation can be successful because consumers are willing to accept whatever goods are available. This means that a company can focus on maximizing production and efficiency to meet the high demand for their products, without necessarily needing to tailor those products to the specific needs or desires of consumers.

In Which Kind of Market Would a Production Orientation Be