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Q: What is an example of a generic market?
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Generic Market vs product market?

A generic market is a market with 'broadly similar' needs and sellers offering various, often diverse ways of satisfying those needs. In contrast, a product market is a type of market with 'very similar' needs and sellers offering various close substitute ways of satisfying those needs.


Is market a verb?

The word "market" can indeed be used as a verb, for example, "to market a product".


What is an example of a type of market research that producers conduct?

Define market research, describe its purpose, and give at least one example of a type of market research that producers conduct


What is a good definition for market share?

percentage of a market in tesco fishstall for example lobster !


Differences between product market and generic market?

The generic product-market includes a broad group of products that satisfy a general, yet similar, need. The starting point in determining product-market boundaries is to identify the particular need or want that a group of products satisfy. Since people with a similar need may not satisfy the need in the same manner, generic product-markets are often heterogeneous, containing different end-user groups and several types of related products.The product-type product-market includes all brands of a particular product type. The product type is a product category or product classification that offers a specific set of benefits intended to satisfy a customer's need or want in a specific way. Differences in the products within a product-type product-market may exist, creating product-variants.

Related questions

What is the generic name of eszopiclone?

Eszopiclone is the generic name. It is market under the trade name of Lunesta.


When will a generic Xalatan be available in the US?

Generic versions of Xalatan entered the market on March 23, 2011.


Is there a generic form for aldara?

no, no generic form. I don't have a clue why though, it's been on the market for years.


What is generic example of job title?

Examples of generic job titles are:authorchemistcontractordancerdoctorinvestigatorinspectormanagermusicianperformerproducerprofessorscientistteachertherapist


What is generic for culturelle?

There is currently no generic on the market. However, this may change when another company decides to make the same product. Until that happens there is no generic of this OTC medication.


Generic Market vs product market?

A generic market is a market with 'broadly similar' needs and sellers offering various, often diverse ways of satisfying those needs. In contrast, a product market is a type of market with 'very similar' needs and sellers offering various close substitute ways of satisfying those needs.


What does the term generic example mean?

it means a commonly used example


Is there a generic substitute for Plavix?

Plavix Generic? Yes, the brand name medication Plavix will eventually come off patent. As a matter of fact about two years ago there was a generic on the market in the US but it got pulled off the market - I believe the name brand manufacturer (Bristol-Myers Squibb) won a patent extension. However, other countries do offer generics before they come available in the US. For example, Plavix equivalents are available now, manufactured by CIPLA Pharmaceuticals in India.


Is there a generic form of loestrin?

There are a number of generics for LoEstrin on the market. One is Junel.


Why system testing cost are particularly high for generic software products which are sold to a very wide market.?

Explain_why_system_testing_costs_are_particularly_high_for_generic_software_products_which_are_sold_to_a_very_wide_market"Explain why system testing costs are particularly high for generic softwareproducts which are sold to a very wide market.


Can you me an example of local market?

gold market is the best example of local market....


What is Disadvantages of generic softeware?

The main disadvantage of generic software is that it may not addressÊorganization's specific needs. In addition, its requirements is largely determine by market research.