Production Concept
- Tuesday, March 31, 2009, 8:23
- Marketing
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This concept fairly best fit the companies producing products for masses not for any specific or niche market. Need based products are more demanding, organization meeting the demand by producing maximum quantity reduce per unit cost and increase profits.
China products availability is high and prices are low just not because they are practicing production concept but also their efforts to reach the national and international market.
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