Asked by LeeAnn Tiffany on Jul 07, 2024
Verified
In consumer orientation,a company creates a product first and then determines if a consumer is likely to purchase the product.
Consumer Orientation
A business approach that prioritizes identifying and meeting the needs and wants of consumers.
Creates a Product
The process of designing, manufacturing, or crafting goods or services to be offered for sale or use.
- Grasp the concept and significance of consumer orientation in product development.
Verified Answer
TA
Tanaijah AustinJul 09, 2024
Final Answer :
False
Explanation :
In consumer orientation, a company first identifies consumer needs and wants and then creates products or services to meet those needs, rather than creating a product first and then looking for a market.
Learning Objectives
- Grasp the concept and significance of consumer orientation in product development.
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