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) an e-commerce market

Question

Quizplus · Accepted Answer

In a seller's market, where demand exceeds supply, a production orientation can be most successful because the focus is on producing as much as possible to meet the high demand.

In Which Kind of Market Would a Production Orientation Be