answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Entrepreneurial venture can serve all the total market?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Other Business

What is the third store owned by the same company of hollister?

Hollister Co is owned by Abercrombie and Fitch, which in total owns five companies, including itself. Abercrombie owns Hollister Co. (target market: high schoolers) abercrombie (target market: kids) Abercrombie and Fitch (target market: College students) Ruehl No.295 (target market: College graduates) and Gilly Hicks.


Major reasons of mergers and Acquisitions?

there are three major reasons of Mergers and acquisitions Synergy 2+2=5, total value of firms after M&A is greater than their simple arithmaticl sum Strategic fit To improve the position in the market To fill the large gap of planned and achieved growth going abroad Basic Business Reason More feasible than internal investment Disversification


Where can one purchase MacAfee Total Protection For Small Business?

One can purchase McAfee Total Protection for Small Businesses from the official website of the company McAfee. This product is available under the section Total Protection for Small Businesses.


How do new competitors affect your business?

There is a term called Market Share. Some say that all market shares are limited. They all have a finite number of buyers and potential buyers. So, if that is true that means that there exists a group of buyers that equal 100% of all your market. If there are market leaders that own over 30%, depending on the market, they are concerned about erosion of their share of the market. In other words how much of the total market being serviced by existing clients will be lost to a new company? If there is 100% someone or a company already in existence is going to lose some of their shares. Just how much depends on how well the existing company competes with the new company in areas such as Price, Product. Promotion etc...... On the flip side a new company could come into a market and do a terrible job only to help the exisiting companies by their clients realizing how terrible the new company is compared to their old company and they switch back to their old company and stay there for ever. Also on the positive side is that a new competitor can stimulate awareness of existing companies by the new companies efforts in ads. For example if a new "Cola" company started playing ads on TV, Radio and Magazines your mind just might be made to think of the Cola you grew up with or always purchase. Next, the worst situation. The new company has new innovations and or is coming into the market and they are using a Penetrating effort to get all the possible Share of the market they can get. Such as the new company has a better product, the latest devices and has brought something NEW to that Market. They are going to kill the existing market. A decent example is when shaving cream was put into cans compared to the old bar soap shaving products or the tubes of shaving cream. The Spray Cans had an old product but a new innovation and they Killed the competitors with their old bar soap products with a lather brush. The existing companies were gone in a heart beat. The existing companies should always learn to keep a close eye on compeitors to keep in step with new innovations in their market. And when a new company comes in and is penetrating they are going after the existing clients that are not totally Brand Loyal and are trying to save money. That means existing companies can not over price their products and expect their clients to continue to pay much higher prices with little or no added benefit compared to the cheap company. Lastly, what if the new company is an innovator and they not only begin to take your clients but also begin to take your employees as well? This is just one reason for continued market research to improve products, develop better methods of using the products and making that product better for your clients and offering the best value to your clients with your products. Competition generally makes the life of the people better because of the above. The only example I can think of when a competitor came in and ended up making the life of their clients worse and remain in business is a large well known discounting company that would come into a town open a store, compete with the local stores and put them out of business and when sales dropped or a level wasnt reached for sales the company would close that store and that meant that the clients who had been well served in the past now had to travel 50-150 miles to purchase items that they had purchased from the discount store before. Which does not happen that often but does happen. Now that I have almost touched the surface of your question I .


What services does Total Merchant Services provide?

The Total Merchant Services provide a customer and company with credit card processing services. It can be used online for purchasing completely with credit cards.

Related questions

What is Global market sales?

Global market sales is the total amount of sales internationally. This total will include all sales where the company has a market or stock.


Market penetration index?

population of product in a market/total available market size


How does total cost relate to total in the market total cost relate to the production output?

In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost = n(TC) Total cost relates to output because firms want to make a profit. Profit = TR - TC where TR = total cost and TR = total revenue. Firms produce at the quantity which MR (marginal revenue) = MC (marginal cost). At this quantity, multiply it by n number of firms in the market to achieve the total output in a market.


Total market of buttermilk in delhi and NCR?

Total market of buttermilk in dehi and NCR (organised and unorganised) is 25cr


How many consecutive terms does a president serve?

They can serve two, if they are reelected, for a total of 8 years.


What is a market surplus?

total production - self consumption = market surplus


What is an unsegmented strategy?

A Strategy that defines the total market as the target market.


What is a total control on a market for a certain product called?

free market


How is the total market value of a corporation determine?

by it's market capitalization


Calculating a firms total market value?

Market value or Market capitalization is the total value of all the shares of that company at the current trading day. For example, if there are 100,000,000 shares of XYZ limited and each share is trading at $5 per share, then the total market value or market capitalization of the company is $500,000,000/-


What can a firm with market power do?

A firm with market power has the ability to control prices and total market output .


What are examples of total costs?

In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.