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If a company or organisation is a monopoly it has no competition. Therefore it can do anything it wishes to maximize its profit
they maximize profit
More, at less cost than their competition.
by eliminating competition to control prices
how buyer maximize satisfaction
If a company or organisation is a monopoly it has no competition. Therefore it can do anything it wishes to maximize its profit
they maximize profit
Providing opportunity for all employees to maximize their potential
Providing opportunity for all employees to maximize their potential
Providing opportunity for all employees to maximize their potential
More, at less cost than their competition.
The marketing concept is the strategy that firms implement to satisfy customers’ needs, increase sales, maximize profit and beat the competition. There are 5 marketing concepts that organizations adopt and execute.
Most businesses should be customer-centered because it will help them attract loyal customers. With loyal customers, they can maximize their profits for their shareholders.
* A large number of buyers. * Only one seller/producer. * The producer/seller want to maximize his profit.
by eliminating competition to control prices
The advantages of a large retail organization are that they have the opportunity to maximize their profits by being able to potentially sell products to more consumers.
To make good products for their customers with good quality cars that are affordable. They also work close with dealerships to maximize customer satisfaction even after their purchase.