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Explian why a niche company might have and advantage in a market?
Wiki User
∙ 12y ago
Niche' usually refers to a specialist in a business sense. In an environment where ones organisation is a sole provider of a service and that service is also a specialist, there will be little competition for business - This gives the company greater advantage over other small business that has just recently been developed.
Wiki User
∙ 12y ago
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Why might a company move its production factory from Texas to Mexico?
To take advantage of lower labor costs
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Explain why a niche company might have an advantage in a market Would price necessarily be an advantage Explain why or why not?
Explain why a niche company might have an advantage in a market would price necessarily be an advantage explain why or why not
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A primary market will be the intended target market to which a company originally might have produced it's products or services for and the larger source of revenues. The secondary market will be a market that is marketable but not the first priority of sustainability for the company.
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By having a USP (Unique Selling Point), this gives a small company something that no other company has, giving it the edge on other company's in the market.
Why might a company move its production factory from Texas to Mexico?
To take advantage of lower labor costs
Highlight some environmental advantages that a company in Ireland might have compared to a company in China?
A company is Ireland has the advantage of operating in a country that has less pollution than China. Also, Ireland has less corruption than China.
Is it wise to go for an Equity Investment in the current market situation?
If you think there's an undervalued company in the market, then it might be. Check with a financial advisor before doing anything risky, though.
What are advantages of parastatal?
A parastatal is an agency or company that is partially or wholly controlled by the government. An advantage is that the company has the entire resources of the nation backing it, so one bad decision that might bankrupt and collapse a private company will not do so with a parastatal.
What is your advantage to other applicant?
Many people might consider their charm an advantage over other applicants. Others might consider their organizational skills to be an advantage.
What is hidden psychological motivation and associations that might have hindered a new product 's acceptability in the market?
Colours, name, company's negative publicity
