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What are the factors responsible for competition in the market?
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What factors are responisble for setting prices in a free-market eystem?
Supply relative to demand is primarily responsible for setting prices in a free market system.
What are the basic market model?
There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.
What are the factors to be considered in channel distribution?
There are many factors to be considered in channel of distribution. Just a few of them include target market characteristics, nature of the product, cost efficiency, company characteristics, middleman characteristics, and competition characteristics.
What is market environment?
Refers to the factors in the market which impact your business, like government policies, competition intencity, price war / elasticity etc etc.,
What is most likely to be a disadvantage of increasing your market share?
Increasing your market share is likely to invite competition - you may invite competition. hehehe K12 LOL
What factors are responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
Factors that influence market structure?
state assumption of perfect competition
What is market reseach?
Market Research has several categories. - Consumers (who is the target market?) - Competition (including Porter's 5 Forces of Competition). Other factors to evaluate in market research Political, Environmental, Sociological, Technological, and Economic.
What is a example of pure competition?
Pure competition is one that occurs when there are no artificial factors introduced in the market. This means that there would no government regulation.
Factors affecting shares market?
There are several factors that affect shares market. Some of them include price, competition, nature of product, demand and so much more.
Factors affecting sales of industrial products?
the price of the product..... the competition in the market...... staff training..... awareness level of the product in the market....
What explains the factor responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
Access to market as push or pull factors?
Pull factors are incentives from government, low wages, good market feasibility, etc. Push factors are heavy competition, high labor costs, lack of demand, etc.
Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
What factors are responisble for setting prices in a free-market eystem?
Supply relative to demand is primarily responsible for setting prices in a free market system.
What market structures can exist in a free market?
Oligopoly, Pure competition, Monopolistic competition
What are the major drivers of globalization?
There are many factors that drive globalization. The major drivers of globalization include: market, cost, environment, and competition.
