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What companies in the Philippines belong to monopolistic competitive market?
There are many companies into he Philippines that belong to a monopolistic competitive market. These companies include Ayala, SM Prime Holdings and the San Miguel Corporation.
Is strong competitive position in an unattractive market is generally more profitable than an average position in an attractive market?
A strong competitive position in an unattractive market can be more profitable than an average position in an attractive market due to the ability to dominate pricing, customer loyalty, and operational efficiencies. Companies in unattractive markets can benefit from reduced competition and the potential to carve out niche segments. However, the overall profitability also depends on factors like market size, growth potential, and the ability to innovate or adapt. Ultimately, context matters, and each scenario should be evaluated individually.
What are the different types of credit card companies available in the market?
There are three main types of credit card companies in the market: bank-issued credit cards, credit unions, and retail store credit cards. Each type offers different benefits and features to consumers.
Why competitive assessment is important?
Competitive assessment is important because it helps businesses understand their position in the market relative to competitors, identify strengths and weaknesses, and uncover opportunities for growth. By analyzing competitors' strategies, products, and performance, companies can make informed decisions and develop effective strategies to stay competitive.
Should credit card companies market to college students?
No, they should not
What are the risks of running a business in a highly competitive market?
The risks of running a business in a highly competitive market include potential price wars, difficulty in standing out from competitors, and the possibility of losing market share to more established companies.
Why are there actually relatively few markets in which there is perfect competitive?
barriers keep companies from entering the market freely
What strategies do companies use to gain a competitive advantage?
Companies use various strategies to gain a competitive advantage, including differentiation, cost leadership, and focusing on niche markets. Differentiation involves offering unique products or services that stand out from competitors, while cost leadership aims to produce goods at a lower cost than rivals, allowing for competitive pricing. Additionally, companies may invest in technology, enhance customer service, or build strong brand loyalty to further solidify their market position. Adapting to market trends and customer needs also plays a critical role in maintaining a competitive edge.
How can the finance function of an international business improve the competitive position of the firm in the global market place?
i dont no
Do companies respect an online finance degree?
Most major companies in fact do not. With the competitive job market out today, most companies will not even consider someone with an online degree.
What is externally Competitive pay levels and structures?
Externally competitive pay levels and structures refer to how an organization's compensation practices compare to those of competitors in the market. This involves benchmarking salaries and benefits against industry standards to ensure that they are attractive enough to recruit and retain top talent. By offering competitive pay, companies can better position themselves to attract skilled employees and remain competitive in the marketplace.
Is a purely competitive firm a price taker?
Indeed it is. A competitive market means that there are a lot of companies that sell the same product. With this conditions, if a company rise the price, consumers will easily find another company, losing all profits. Therefore a firm cannot control the price in a competitive market, it has to take the market price.
