Difference between a dominant client and a dominant regulator?
A dominant client is a customer that, given their size and special needs, exert a major influence in the shaping of technology. An example would be the various branches of the military. They can dictate their own terms to the company. A dominant regulator is a regulator or a company that dictates his terms in the market and runs the market through its policies.A good example would be the FDA, who can order food and drugs off the market if it feels...
Asked in Internet, Internet Marketing
What is Internet Marketing niche?
A niche is part of a market. For example Fitness could be a market. Body building would be a niche in the Fitness market. "Body building without using weights" would be a sub niche of Fitness market or a niche of the Body Building market. When you are looking to enter a market, it is easier to become competitive the more specialized you become. Therefore you start in a sub niche of the market you want to be in and become a dominant...
Do you think there are industries or market situations where the selling concept continues to be dominant concept?
Yes like electricity and water supply industries where marketing still does not play a dominant role ...
Asked in Stock Market
What is the market cap for Laboratory Corporation of America Holdings LH?
As of July 2014, the market cap for Laboratory Corporation of America Holdings (LH) is $8,997,280,000.00. ...
Asked in Business & Finance
What is the difference between an imperfect and perfect market?
Perfect markets refer to markets where there is competition and sellers are price takers. An imperfect market refers to markets that have a dominant seller and they are able to set the price. ...