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Market oriented price is a competition based strategy. The seller sets their prices higher or lower compared to the competitors. One example of this is the real estate market.
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Where could one find price comparison for Utilities?
To compare prices for utilities there are a number online sites that are helpful. These websites include Money Smart Market, Utility Price Compare, and USwitch.
Which is the cheapest SSL Certificate available in the market now in 2013?
There are many provider's offering great deal's on SSL Certificate's as low as 4.99 for One year. With Different SSL certificates The price's will vary
What are some companies that manufacture greeting cards?
A major company that manufactures greeting cards is Hallmark. Hallmark offers a wide range of ideas and product that appeals to many customers at an affordable and convenient price.
What are the benefits of e-commerce?
Benefits of e commerceBusiness efficiencyRetain & expanded customer baseReduced operation costsReduced advertising costsAcquisition of a niche maket
How is ICT used in business?
To make a price list To store information Make documents Email Advertisements Market trade Create website To start a company To sell your ideas Organisation To design new products Calculations Records Presentations
Change in market price?
Changes in the market price is determined by demand of a product. If consumers demand the product, then the price will increase.
Pricing as a tool for Market cultivation?
Pricing is commonly used as a tool for market cultivation. The price of a product will determine its performance in the market which means that the price will cultivate the market for the product.
What is market clearing price?
Market clearing price is the price at which the quantity demanded of a product equals the quantity supplied.
What are some of the factors that the market price of a product depends on?
if there is high demand for it but little of the product it will ofcourse go up in price and if there's low demand but a lot of the product the market price will go down dramatically
When all the product or service brought to market is consumed the price for the product or service is considered to be a?
rising price
Explain the difference between market price and normal price?
Price is the value or worth of a product or service and when you say price then it vehicle the normal price of a product or a service which a company charges. On the other hand, market price is the price of a product or service which is contained by a marketplace and is resulted through market efficiency, equilibrium and normal expectations. Normal price can be lesser, equal or greater than the market price. If most of the companies in an industry charge open market prices for the products or services then competition is high in that specific industry.
Does Ecuador have a command economy?
a good one, kinda raffael correa is the president
What is traditional marketing?
traditional marketing is a market based off of the four P's which is Product, Place, Price, and Promotion. Traditional market also uses Segmentation is when you divide your customers background into psycho graphics, demographics, geographic, and behavior.
What happens when the market price is lower than the equilibrium price?
When the market price is lower than the equilibrium price the price of the product will continue to rise. The price will rise until it equal the equilibrium price.
What happens when the equilibrium price is lower than the market price?
When the market price is lower than the equilibrium price the price of the product will continue to rise. The price will rise until it equal the equilibrium price.
Factors affecting sales of industrial products?
the price of the product..... the competition in the market...... staff training..... awareness level of the product in the market....
What is prevailing market price of a product?
Tat at which customers will purchase it at.
