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What is it called when a business sells goods for less than what they were worth to drive competitors out of business?
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What is it called when a business sells goods for less than they were worth in an effort to drive competitors out of business?
It is called appreciation the recognition and enjoyment of the good qualities of someone or something.
What is a business that offers same goods to same customers?
Competitors
What are Goods purchased for future use in the business such as supplies called?
pre paid expenses
What is goods producing business?
A good producing business is a business that produces tangible goods to satisfy consumers at aprofit
What is exporting of goods by a business that have been banned or are not approved for sale in the US because they are dangerous is called?
Modern Corporate Transition
What is it called when a business sells goods for less than they were worth in an effort to drive competitors out of business?
It is called appreciation the recognition and enjoyment of the good qualities of someone or something.
What is a business that offers same goods to same customers?
Competitors
What is a business that produces goods or services called?
A business that produces goods or services is called an industry.
Why people use going-rate-pricing for their business?
Most firms are influenced by the prices that their competitors are charging.A business cannot ignore the prices being charged for similar goods by other firms in the same area.The normal situation is for firms in the same area to charge similar prices.A business that charges higher prices than its competitors would soon be out of business.
What is a person or business that supplies goods and services called?
dum
What is the business of how goods can be produced more quickly called?
Expansion
What is called business?
A business is an organization that is involved with the trade or sale of services or goods to customers. Businesses are sometimes called firms or enterprises.
A single business controlling the source of goods and service is called?
A monopoly.
What are Goods purchased for future use in the business such as supplies called?
pre paid expenses
What is characteristic of market segment?
It is where you sell the goods you produce and the area in which your competitors operate.
Why would a business choose to sell goods or services at cost rather than at a profit?
The business may be at an introductory stage in its life, where it is breaking into the market and trying to get noticed by the consumer. A way of getting noticed is to have very low retail prices compared to the competitors, which will attract consumers to your business, where you can then increase prices once the business has a reputation in the market.
What is the conversion of resources into consumer goods or services called?
I would call it Manufacturing or in the case of services, business.
