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How should firms differentiate their products from competitors?
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Why do firms produce multiple products?
Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.
Why is it important for the firms to differentiate themselves from competition?
It is necessary. But, at the end of the day I found its amazing.
Monopolistically competitive firms are typically characterized by?
many firms selling products that are similar, but not identical.
What is the environment of business firms?
These include customers,competitors, suppliers, government, and the social, political, legal and technological factors etc.
What factors do firms have to take into account when promoting goods in?
the costs to be involved in promoting it the target population the competitors in the market the potential of the consumers
What is the importance of competitors within firms?
it is to improve the competency of all firms in providing goods and services to the general public.
Is licensing proprietary technology to foreign competitors is the best way to give a firms competitive advantage?
Licensing proprietory technology to foreign competitors is the bes way to up a firms competitive advantage discuss
Why do firms produce multiple products?
Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.
What is the difference between order winners and order qualifiers?
An order Qualifier are the standards by which a firms products are passed as fit for possible purchase by customers. Order winners on the other hand are the standards that differentiate the products or services of one firm from another.
Why is it important for the firms to differentiate themselves from competition?
It is necessary. But, at the end of the day I found its amazing.
What is the most common way firms differentiate between consumer group?
based on age and gender
What are the major elements of specific environment and how each elements impacts firms?
CUSTOMERS SUPPLIERS regulators competitors
Why people use going-rate-pricing for their business?
Most firms are influenced by the prices that their competitors are charging.A business cannot ignore the prices being charged for similar goods by other firms in the same area.The normal situation is for firms in the same area to charge similar prices.A business that charges higher prices than its competitors would soon be out of business.
Monopolistically competitive firms are typically characterized by?
many firms selling products that are similar, but not identical.
What are some Executive Search Firms in NC?
RSI Charolette is one of the biggest search firms in all of North Carolina. It has the most employees and is highly rated compared to its competitors in the area.
Should marketing managers or business managers in general refrain from producing profitable products that some target customers want but that may not be in their long-run interest Should firms be expe?
Should marketing managgggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggers or business managers in general, refrain from producing profitable products that some target customers want but that may not be in their long-run interest? Should firms be expected to produce 'good' but less profitable products? What criteria are you using for each of your answers?
What is the environment of business firms?
These include customers,competitors, suppliers, government, and the social, political, legal and technological factors etc.
