A CONSUMER ORIENTATION (THE ‘MARKETING CONCEPT’) It is also known as “the marketing concept” because of its focus on the client’s needs. A consumer-oriented organization is contrasted with a manufacturing, product, or sales-oriented organization. – Focusing on the seller’s needs rather than the buyer’s, these orientations (Kotler 1988 ). In contrast, a focus on the […]
Small Business
A Narrow Scope Market Strategy
What is a narrow scope market strategy? One type of product means one target market. This is referred to as a product-specific strategy. An after-market vehicle part manufacturer, for example, must focus on a certain group of customers: those who own the model in question. Offering a limited product selection to a select group of […]
What is a benefit to monitoring asset performance from claims?
What is asset performance management? Data capture, integration, visualization, and analytics are all a part of asset performance management (APM), which is designed to improve the reliability and availability of physical assets. So, what are the primary advantages of keeping track of asset performance based on claim information? In general, you use Content ID to […]
What is BlockChain? Defination, Advantages and Disadvantages, Opportunities and How does it works ?
Where can I find an explanation of blockchain in simple terms? Changing, hacking, or cheating the blockchain is difficult or impossible. A blockchain is a digital database of transactions replicated and distributed across the full network of computers on the blockchain.A Google Doc can be used as a basic analogy to help explain the workings […]
The producer and distributor obligations
The producer and distributor obligations are really important to know. Before knowing the producer and distributor obligations, we need to know about the producer and distributor. Producer: The producer means a person who produces or manufactures any kinds of product or part of the product. Sometimes, a producer doesn’t produce or manufacture the product […]
Best Guideline for setting up your own Business
The process of trading goods or services by money is commonly known as business.This process involves money is the basic need for exchange performed by the business people and consumers.Setting up your own business is a tedious process.You must have to set Clear Vision for profitable business. Always keep in mind, Starters will learn to […]