Meeting demand

Cards (4)

  • Demand - we must want and be able to afford the item
  • Supply - the firm must be capable of selling the item
  • If we increase demand, through better quality, increased customer loyalty and effective promotions
  • We will have to increase supply, so as we don't waste resources, we need to have the option of how we will do this
    • producing to order
    • part time/temp staff
    • outsourcing