Encyclopedia > Production orientation

  Article Content

Production orientation

A production orientation dominated business thought from the beginning of capitalism to the mid 1950's. Business concerned itself primarily with production, manufacturing, and efficiency issues. This view point was encapsulated in Says Law which states Supply creates its own demand (from the French economist Jean-Baptiste Say. To put it another way, If a product is made, somebody will want to buy it. The reason for the predominance of this orientation is there was a shortage of manufactured goods (relative to demand) during this period so goods sold easily.

The implications of this orientation are:

see also: marketing, sales orientation, marketing orientation, personal marketing orientation

List of Marketing TopicsList of Management Topics
List of Economics TopicsList of Accounting Topics
List of Finance TopicsList of Economists



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
East Farmingdale, New York

... out with 26.0% under the age of 18, 9.4% from 18 to 24, 34.6% from 25 to 44, 19.4% from 45 to 64, and 10.6% who are 65 years of age or older. The median age is 34 ...

 
 
 
This page was created in 29.6 ms