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14y ago

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Happens when more than one business sells the same product?

get a life first


What happens when more than one one business sells the same product?

competition


What does product range mean?

A product range describes the different types of the same goods or items that a business sells. E.g. Different flavours of the same crisps.


Product that is considered the same no matter who makes it or sells it?

Commodity


Why do different businesses have different aims and objectives?

Very simply put, different businesses make money by selling or providing different goods or services, and the owners of each business has a different goal. For instance, the owner of a small business that sells a product may be in business to sell his or her product at a good price while providing great customer service. A large corporation that sells the same product may be in business only to make a profit, or to please its stockholders, and may not be as concerned with customer service.


Product that is considered the same no matter who produces or sells it?

Commodities -CH


Milk is considered a commodity because it is which of the following?

the same product regardless who sells it


What are competing company's for Nike?

Any other large business that sells the same product as Nike. Any sports clothing business etc. Adidas and Puma are good examples. Think of a big company that's similar to Nike, it'll probably be a competitor.


What is a product in which all the factors are the same?

In business factors that are all the same are called a pyruvate. A pyruvate are microorganisms of the same product that are produced.


Factors for choosing a suitable business location?

Choosing your business location requires quite a bit of research, especially into the area in which you want to open your store You must consider whether people will see your business and the other business around your business that sells the same as you do


I am trying to organize my closet. Can you suggest a company that sells bag organizers for all of my purses?

Lowe's sells bag organizers for everything needed to organize your closet. Another company that sells the same type of product is Closet Maid. They also offer closet organization items.


How can a business offer both a good and a service at the same time?

A business can offer both a good and a service by creating a product that is complemented by a related service. For example, a company that sells fitness equipment may also provide personal training sessions to help customers use the equipment effectively. This combination enhances the customer experience, adding value and fostering loyalty. By integrating goods and services, businesses can meet diverse customer needs more effectively.