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Commodity = needs
Product = quality
In my POV, the commodity approach merely focuses on the consumers' demands whilst the product approach focuses on bringing consumer demand by creating a product that's of great quality.
Wiki User
∙ 11y ago
Wiki User
∙ 9y agoCommodity approach is an approach based on the specific needs of a group. This approach is often based in either science or the results of research in a specific field.
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Is milk a commodity or a product?
commodity
Product that is the same no matter who makes it?
commodity
What is the opposite of commodity?
The opposite of commodity could be a branded good or product. The opposite (alternative) of a physical commodity could be an intangible one such as a financial derivative.
Product that is considered the same no matter who makes it or sells it?
Commodity
In economics a commodity is defined?
a primary product like oil or coffee.
Is milk a commodity or a product?
commodity
Product that is the same no matter who makes it?
commodity
What is commodity approach to the study of marketing Explai?
It si concerned with demand and supply.It is concerned with flow of a specific commodity from supplier to consumer.It establishes marketing system for each commodity .
What is the opposite commodity?
The opposite of commodity could be a branded good or product. The opposite (alternative) of a physical commodity could be an intangible one such as a financial derivative.
What is the opposite of commodity?
The opposite of commodity could be a branded good or product. The opposite (alternative) of a physical commodity could be an intangible one such as a financial derivative.
What is product hierarchy in retail?
In general, Retail Industry - any Product can be defined in multiple ways ( hierarchy ) * Department * Sub-department * Class * Commodity * Sub-commodity
Discuss the various approaches to study marketing?
1. Traditional or Historical Approach 2. Commodity Approach 3. Institutional Approach 4. Functional Approach 5. Managerial Approach 6. Decision Making Approach
What is the full form of PCRO?
Product Commodity Regulatory Ordinance
Product that is considered the same no matter who makes it or sells it?
Commodity
What does commodity mean in shipping terms?
What the product is that is being shipped.
A colonial product that could only be shipped to England?
Enumerated commodity
What was the colonial product that could only be shipped to England?
enumerated commodity
