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The business will become overstocked with unsellable goods. No sales means no money coming in, yet the business still has to pay out for wages, premises, creditors, and so on. The Business becoming insolvent would be inevitable.
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What happens when the business firms fails to sell its product?
The business will become overstocked with unsellable goods. No sales means no money coming in, yet the business still has to pay out for wages, premises, creditors, and so on. The Business becoming insolvent would be inevitable.
What happen if business firms fail to market the product?
Company will sufer for growth,lack income and fold up.product presentation will not be known by the poblic and other organisationns.bro Israel
What is Horizontal integrations?
Controlling the prices for a product by eliminating the competition.
What happens when the business firms fails to sell its products?
The business will become overstocked with unsellable goods. No sales means no money coming in, yet the business still has to pay out for wages, premises, creditors, and so on. The Business becoming insolvent would be inevitable.
How do households and business firms interact in the product and resource markets?
Households and business firms interact in product and resource markets through the exchange of goods, services, and factors of production. In the product market, households purchase goods and services produced by firms, using their income earned from providing labor or other resources in the resource market. Conversely, firms acquire resources like labor, capital, and raw materials from households to produce the goods and services that they sell. This interdependence creates a cycle of supply and demand that drives the economy.
What is a business product?
Business products are products organizations buy that assist directly or indirectly in providing other products for resale.- A Mac computer can be sold to business firms for office use.
Types of global business environment?
There are many types of business environments. these can include competitor, technological, supplier, and socio-economic. These are the different situations that a business will come up against.
Who own the factor of production?
Business firms own the factors of production.
What is the role of media in relation to business?
the role of media in relation to business firms is that there is a marketing communication, in which one promotes a product by means of media., make it advertising, print adds, billboars, and etc.
What are examples of small business accounting firms online?
There are many accounting firms that cater to small business owners. Usually the firms are smaller and not as well known. They are found with searches in regional and local areas in question. There are other national firms that cater to small business also.
Where can one get a business debt consolidation?
Business debt consolidations can be found in several places. The primary place they are found are in business debt consolidation firms as well as business management firms.
Why is small business firms could not easily source funds?
why small business firms could not easily source for needed funds
