ENTREPRENEURSHIP

Detailed explanation-1: -A product-oriented business exerts focus on its products rather than on customer needs. Products are a critical component of a business’s function, and a focus on products can cause increased innovation within the organization.

Detailed explanation-2: -A product-centric company focuses its attention on the product regardless of the customers and demand in the market. A customer-centric company puts the customers at the core of every strategy and focuses on creating solutions that satisfy its users’ needs.

Detailed explanation-3: -Where the business develops products based on what it is good at making or doing, rather than what a customer wants.