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What is the difference between inter-firm and intra-firm in context of distribution reqiurement planning?
Inter-firm distribution is the process of distributing services, information, or products between two or more different firms. Intra-firm distribution is distribution of services, information, or products within one single firm.
A consumer products manufacturer wants consumer reaction to its existing products Interaction is considered important to stimulate thinking The firm should use?
A consumer products manufacturer wants consumer reaction to its existing products Interaction is considered important to stimulate thinking The firm should use
Difference between firm and industry?
a firm is a business unit that operates under a single management. while industry is a group of firm that produce similar products for the same market.
When a firm's products are standardized in all countries?
advertising cannot be used.
What country are Beko Sang Candy Zanussi Whirlpool Electrolux and Neo made in?
Beko would appear to be a Turkish firm originally. Don't know where their products are made. http://www.beko.com/TR/EN/history.htm
What are the Factors that determine the size of a firm?
The size of a firm is typically determined by factors such as market demand for its products or services, available resources (capital, labor, technology), economies of scale, competition in the industry, and strategic decisions made by management. Additionally, government regulations, access to financing, and industry trends can also influence the size of a firm.
Why would a firm raise the price of a product after a producer determines that the demand for one of its products is inelastic?
The firm would raise the price because the firm's total revenues would probably increase.
What happen when the business firm fails to sell products?
What is the best answer for that question please.
What types of products do manufacturers buy?
Manufacturers --Manufacturers produce products to be sold at a profit. They buy products and services that are directly used in the products they produce or are consumed in the general operations of the firm.
When A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute what?
Joint Venture
What is the fundamental purpose of marketing?
The fundamental purpose of marketing is to link the productive capacities of the firm with the market for those capacities.In more detail, marketing is concerned with defining what products the firm's capacities will produce, pricingthose products, communicating the firm's capabilities and value proposition to the market place (promotion), and getting the product from the firm to the customer (physical distribution) ... the classic "4-P's" of marketing.
Can a perfectly competitive firm set a price for its products that is above marginal cost?
A perfectly competitive firm would set its prices at a perfectly competitive price.
