A firm with a production orientation is most likely to survive if: – Q/A (Question and Answer)

Answer:

demand for the product it produces exceeds supply

Explanation

A firm with a production orientation is most likely to survive if it produces a product or service that is high quality and in high demand. The firm must also be able to efficiently produce the product or service at a low cost in order to be profitable.

The firm produces products that are in high demand. The products are of high quality and are reasonably priced. The firm has a good reputation and is well-known in the market.

The firm has a competitive advantage in terms of cost or quality.This is because the firm has a lower cost structure than its competitors or is able to produce a higher quality product. This allows the firm to charge a lower price or to earn a higher profit margin on each unit sold.

The firm has a strong brand identity that is reflected in its logo, website, and marketing materials. Its branding reflects its commitment to quality and customer service. The firm’s products are well-made and backed by a solid warranty. Its customer service is responsive and helpful. Overall, the firm’s branding reflects a company that is reliable, trustworthy, and committed to its customers.

The firm has a diversified product portfolio, which helps it to mitigate the impact of any single product failing in the market. The firm also has a strong research and development team that is always working on new products to add to the portfolio. This diversification and constant innovation helps the firm to maintain a strong position in the market.

The firm has an excellent distribution network that allows it to reach its target market effectively. The company has a wide range of products that are available to its customers through its distribution channels. The firm has a strong relationships with its distributors and ensures that its products are available in all the major markets. The company has a efficient logistics system that ensures that its products are delivered to its customers on time.

Conclusion

A firm with a production orientation is most likely to survive if it is able to keep its costs low and produce a high quality product.