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What is commodity or product approach?

Updated: 8/22/2023

Wiki User

∙ 12y ago

Best Answer

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

∙ 12y ago

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Wiki User

∙ 10y ago

Commodity 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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