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What else can I help you with?
Are market pawns people who have no influence on market prices?
Price Takers have no influence on market.
Who was the first person to explain the market economy?
Adam Smith
What are the key factors that influence the dynamics of the supply and demand game in the market?
The key factors that influence the dynamics of supply and demand in the market include consumer preferences, prices of goods and services, production costs, competition among producers, government regulations, and external factors such as economic conditions and technological advancements. These factors interact to determine the equilibrium price and quantity of goods and services in the market.
What is the difference between local market and national market explain with example?
what is the difference between local market and national market
What internal and external factors do you consider before making a pricing change?
Before making a pricing change, I consider internal factors such as production costs, profit margins, and overall business objectives. Externally, I analyze market trends, competitor pricing, and customer demand to assess how changes might affect our market position. Additionally, I evaluate economic conditions and potential regulatory impacts that could influence pricing strategies. Balancing these factors helps ensure that any pricing adjustments align with our strategic goals while remaining competitive and appealing to customers.
Are market pawns people who have no influence on market prices?
Price Takers have no influence on market.
When was Office for Harmonization in the Internal Market created?
Office for Harmonization in the Internal Market was created in 1994.
Explain why the free market system follows a circular flow model?
The free choices made by consumers and producers influence each other. ~Apex
Explain why the book value of an asset is not necessarily the market value of that asset?
It is not same as market value because book value of assets derives from its cost and deduction of depreciation, while market value varies due to market conditions. That's why it may not be same.
Why all of the groups within a company are called the inetrnal environment?
The groups within a company are referred to as the internal environment because they represent the organization's internal structure, culture, and operations. This includes departments such as management, human resources, finance, and marketing, which collectively influence how the company functions. The internal environment affects decision-making, employee behavior, and overall organizational effectiveness, distinguishing it from external factors like market conditions and competitors.
What are the internal factors of sainsburys?
Some internal factors of Sainsbury's may include its company culture, management style, operational efficiency, and employee skills and training. These factors can influence how the company operates and competes in the market.
What is a disadvantage of internal development?
A disadvantage of internal development is that it can be time-consuming and resource-intensive, requiring significant investment in personnel, infrastructure, and technology. This could lead to delays in bringing products or services to market and limit the organization's ability to quickly adapt to changing market conditions.
Explain the concept and role of MKIS in understanding a specific market?
Theories explain (or attempt to explain) laws. conceptwhat are the types of market efficiency
What is market environment?
Refers to the factors in the market which impact your business, like government policies, competition intencity, price war / elasticity etc etc.,
Does a bull market occur when business conditions are bad?
No, a bull market is associated with an upswing in the market, which would indicate that business conditions are good. A bear market is associated with poor business conditions.
What are the differences between internal influences and external influences?
If you ask wondering about Internal and External influences of a business there are many. Internal means things that the business can control, some of these include management, product, location, resources (meaning who they are buying the materials from, captial ect), and the business culture (how the business operates e.g. Green, Australian Made, ect). External influences also vary and could be economy, government, multicultralism, product diversity, competitors, market conditions, geographic and social. Though these are only a few, many other Internal and External Influences exist. Hope this helped :)
Define Internal market research?
Conducting internal market research involves relying on every person on staff to market goods or services, then drawing conclusions on the effectiveness of such a business strategy.
