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What else can I help you with?
How does firm become large?
Profit maximization Increased market share Large number of outlets Increase in demand for their products
In what ways are people free in the American economic system?
The United States has a large and growing economy. Freedom is behind this economic activity. The free enterprise system is based on the idea that individuals have the right to run businesses and make a profit. The government plays only a small role. Americans are free to start businesses and keep the profits. They are free to work in any job the want. GOOD LUCK!!
Why do large businesses exist?
Large businesses exist to capitalize on economies of scale, allowing them to produce goods or services more efficiently and at lower costs than smaller competitors. They also have greater access to resources, including capital, technology, and talent, enabling innovation and expansion into new markets. Additionally, large businesses can create brand recognition and customer loyalty, further solidifying their market position. Overall, their size often allows them to adapt more effectively to changing market conditions and consumer demands.
How does large business impact small business?
Large businesses can be role models or challenges to small businesses wanting to build the next big thing out there. Large businesses set the milestone for innovation.
Why is profit important to a business?
because business is all about the large profit at low budget
How does firm become large?
Profit maximization Increased market share Large number of outlets Increase in demand for their products
What do retail businesses sell?
Retail businesses sell a lot of different products from all categories. Retailers are part of the supply chain, they buy large quantities of products from manufacturers to sell them in smaller quantities to customers for profit.
In what ways are people free in the American economic system?
The United States has a large and growing economy. Freedom is behind this economic activity. The free enterprise system is based on the idea that individuals have the right to run businesses and make a profit. The government plays only a small role. Americans are free to start businesses and keep the profits. They are free to work in any job the want. GOOD LUCK!!
What might explain why a company is large or small?
Its Market capitalization, gross profit, gross revenue, number of employees, number of clients etc
What types of advertising does Microsoft offer for large businesses?
Microsoft offers large businesses a number of advertising options, which include: banner ads, and pre-installed applications and software included with their windows operating system.
What is source of merchandise in wholesale market?
The source of merchandise in the wholesale market typically includes manufacturers, importers, and distributors who produce or curate large quantities of goods. These entities sell their products in bulk to retailers or other businesses at discounted prices, allowing for higher profit margins when resold. Additionally, wholesalers may source products from various regions to offer a diverse range of items, catering to different market needs and consumer demands.
Does deloitte and Touche have a target market?
The nature of Deloitte's work means that they target businesses, and the professionals within these businesses. Although large companies such as those included in the FTSE 100 account for a significant income for Deloitte, they do not solely target businesses of this size.
Why Large businesses depends on small businesses?
Large businesses depend on small businesses to have higher prices and force customers to them. In addition, small businesses often order from larger businesses.
What are the advantages and disadvantages of penetration pricing?
Some advantages of penetration pricing would be obtaining a large share of the market so that they dominate the market. Disadvantages would be not making a profit at all in the beginning stages.
If profit margin is low how a business make high profit?
If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.
How can a business make high profit if profit margin is low?
If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.
What are examples of oligoplies?
Utility companies ie. Gas, Water, Electricity. A few large companies which dominate the market. Small businesses cannot break into market due to high barriers of entry.
