Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.
Knowing your product and your market dynamicsBeing able to sell your productBeing aware of the competitionFind the appropriate target markets for your productCustomers - demographics, market segment, target markets, needs, buying decisionsCurrent sales in the industrySuppliers that you will need to rely on
Compare and contrast competition in traditional markets with that in digital markets?
I think like that the newer markets are just a wide variety than the other
Primary markets are those consisting of investment banks which set the beginning price range for certain securities. Secondary markets are where the actual trading of shares, stocks, and bonds are done.
Factor Markets, Households, Profuct markets, firms
markets
In market-based economies, markets determine prices which will answer the three economic questions
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
The financial system is a complex mix of financial intermediaries, markets, instruments, policy markets, and regulations that interact to expedite the flow of financial capital from savings into investment.
The most basic economic institution in market economies is the system of markets.
What to produce
what to produce
Factor markets are markets for inputs into the workforce, such as labor markets, land markets, and capital markets. They represent items that are factors in the growth of business. Product markets are the the outputs produced by markets such as goods and services.
local markets,,regional markets,,national markets,international markets,
Knowing your product and your market dynamicsBeing able to sell your productBeing aware of the competitionFind the appropriate target markets for your productCustomers - demographics, market segment, target markets, needs, buying decisionsCurrent sales in the industrySuppliers that you will need to rely on
rational, self interested consumers rational, profit maximizing firms competitive markets with price taking behavior