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competitive market (A+)

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Q: What type of market is one in which producers compete to produce better and more affordable products and services?
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What is E-commerce network marketing?

Network Marketing As It Relates To E-commerce!Since the late 1990's all Network Marketing companies have gone to the internetto market their product or services. There is no difference between the old and the new way other than the internet itself. People can still buy many of the products or services from a catalog or brochure/or order online.The advantage of E-commerce is that the world is your marketplace. You still have to go out and compete for your market share. Get Your Share!


What is meant by the term 'market competition'?

That means that others are putting pressure to keep the prices down. If two or more companies manufacture or sell similar products, both are motivated to keep the price down so that they can compete.


Factors affecting marketing mix?

the target market would influence where the sweets were advertised and how they were promoted. Culture - would affect the type of products which could be developed and the style of advertising that was used. Also the type of outlets used and the channel of distribution would be affected by the culture and characteristics of the country. Competition - would affect the advertising used, pricing policy and where they sold their products in order to compete and be successful.


Of what considerations should firms attempting to compete on a global basis be aware?

Firms attempting to compete on a global basis should be aware that nations differ greatly in their political, legal, economic, and cultural environments


Advantages of using skimming pricing strategy?

It is most often used in new products so it can set a high price as the product is new and in demand the advantage being then that they would have spent alot of money in research and development of the product so they are making back as much money as possible whilst the product is unique before others start copying. When similar products aré brought out then they would have to compete (compititor bases pricing) in peder to make sales.

Related questions

How do businesses compete?

Businesses compete through better services and products offered to their consumers as well as better technological advances to their competitors. They also compete by engaging and interacting well with clients that could give them a better lead in the market competition that they are into.


Why is capitalism is called a free economy?

Producers are compete freely for consumers' business.


What government payment helps domestic producers compete with a foreign firms?

Subsidies


What are products that compete with billabong?

Clothing


Does Chrysler compete against anyone?

Chrysler competes in the affordable luxury segment.


Why is capitalism called a free-market economy?

Producers are compete freely for consumers' business.


Where to buy an affordable digital camera?

If you have a local Wal-Mart that would be a great place to start, they have anything from cheap to very great quality cameras, and yes they are very affordable, also you can try BestBuy & Target as they all compete with each other, and may offer some different products.


There is a wide variety of desired goods and services in a market system because?

There is a wide variety of desired goods and services in a market system because people can always make money by developing new and better products to compete with existing ones.


Does us Marketers engage in bribery to compete with foreign firms?

No, engaging in bribery is unethical and illegal. Marketers should compete based on the value of their products or services, not through dishonest or corrupt practices. Companies that engage in bribery risk damaging their reputation and facing legal consequences.


What brands compete with goya products in local market?

none


How do private and public sectors compete for goods and services?

uiyfy8ufy gmmy


Can you be on the show survivor with a DUI?

This would need to be decided by producers. I would think that it is possible to compete on the show if you fit the profile of a contestant they are looking for.