Economically-oriented
Describes a system, activity, decision, or individual's focus that is primarily directed towards economic principles, goals, and outcomes. This includes considerations of efficiency, profitability, resource allocation, market dynamics, and financial returns. An economically-oriented approach prioritizes factors like cost-effectiveness, maximizing profit, creating wealth, and achieving sustainable economic growth. It often involves analyzing costs and benefits, forecasting financial trends, and making strategic choices driven by financial incentives. The core emphasis is on understanding and leveraging economic forces to achieve desired financial results, which can apply to individual businesses, governmental policies, and personal financial management.
Economically-oriented meaning with examples
- The company's new marketing strategy is heavily economically-oriented, focusing on identifying cost-effective advertising channels and maximizing return on investment. Data analytics and market research drive these choices. They aim to reach more customers and generate revenue.
- Policy makers debated whether to implement an economically-oriented subsidy program to support struggling local businesses. The goal would be to stimulate job creation and boost overall economic activity, creating new opportunities.
- His investment portfolio is specifically designed to be economically-oriented, with a diverse set of assets selected to generate long-term financial gains. A balance of risks and rewards is considered based on the market data.
- The curriculum at the business school is structured in an economically-oriented manner, emphasizing principles of financial management, market analysis, and strategic decision-making to give them real world application.