market-oriented
adjective
ukus(also market-based) ECONOMICS
a market-oriented economy is organized so that companies, prices, and production are controlled naturally by the demand for goods and services rather than by government:
A market-oriented economy may offer an uncertain future.
See also
free market
ECONOMICS
used for describing methods, systems, or actions that are based on the idea that companies, prices, and production should be controlled naturally by the demand for goods and services rather than by government:
a market-oriented approach/policy/solution World leaders called on the country to adopt a market-oriented policy on the currency.
Our mission is to improve democracy around the globe by working through private enterprise to achieve market-oriented reform.
MARKETING
used for describing products that have been made according to the needs and wants of customers:
A seminar on packaging and how to produce market-oriented goods will be held.