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Are Mexico's goods or services oriented?
Both. While the US has outsourced most of its industrial base to countries such as China, Indonesia or Thailand, most consumer goods in Mexico are manufactured locally. Besides, 24% of the work force is employed in industrial activities, while services occupy 58% of the labor force.
What is the consumer for the economic system?
Both buys goods for consumption and uses goods and services.
Can a bicycle be considered both a capital and consumer good?
yes/no
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What happens to consumer and producer surplus when the sale of a good is taxed?
They both decrease.
What is the difference between a business market and a consumer market?
Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?
What is the difference between consumer market and the business market?
Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?
Is leather consumer or industrial goods?
I would say both. It has application in both sectors as well as being an industrial byproduct.
What were the factors development of both the industrial revolution and the market revolution?
Two factors that spurred the development of the industrial and the market revolution were the invention of steam technology and computers.
Why is Adidas better than puma?
Puma is comfortable for some people. They both cost alot. In my opinion it is worthless to buy both. If you wish to buy then get adias they are the best. They are both good but with todays style which we shouldnt care about then get adidas it is most popluar!
How is worth more Nike or Adidas?
both are same
Where can an Adidas branded track jacket be purchased?
Adidas branded track jackets can be bought from several companies both on the high street and from the internet. Footlocker is one such shop where an Adidas jacket can be purchased. It is also possible to purchase Adidas jackets directly from Adidas online.
Characteristics of business market?
Business markets have only a few similarities to consumer markets, both involve buyers and purchasing decisions. The characteristics of the business market differs in several ways from the consumer market because the amount of goods bought and sold out weighs the amount that are sold in the consumer market and the market structure, demand, the nature of the buying unit and types of decisions and the decision process is involved. The business market has more transactions because products are often more expensive and complex, plus there are fewer buyers in the business market. These buyers usually have stricter standards.
What is the best running watch on the market?
The best running watch on the market all depends on your taste, style and price point. Several brands make watches for running including Nike and Adidas. They both offer several styles and types for great prices.
identify and explain distinguishing features of consumer and industrial buyer characteristics?
Consumer and industrial buyers are two distinct types of buyers with different characteristics that define their purchasing behavior. Here are some distinguishing features of consumer and industrial buyer characteristics: Motivation: Consumer buyers are motivated by personal needs, desires, and preferences, while industrial buyers are motivated by rational and practical considerations, such as cost, efficiency, and reliability. Size of the purchase: Consumer purchases are generally smaller in size and value than industrial purchases, which are typically more significant investments that involve larger volumes and higher costs. Decision-making process: The consumer decision-making process is often more emotional and based on personal preferences, while the industrial decision-making process is more complex and typically involves multiple stakeholders and a formal evaluation criteria. Relationship between the buyer and seller: Consumer buyers typically have a transactional relationship with sellers, while industrial buyers often develop long-term partnerships with suppliers for mutual benefit. Level of expertise: Industrial buyers usually have a higher level of expertise and technical knowledge about the products and services they are purchasing, while consumer buyers usually have a lower level of technical knowledge. Use of negotiation: Industrial buyers often negotiate with suppliers to secure the best price and terms, while consumer buyers may not typically negotiate for most consumer goods. In conclusion, consumer and industrial buyers exhibit different characteristics that differentiate their purchasing behaviors. Understanding these differences is beneficial for businesses that cater to both consumers and industrial buyers to tailor their marketing strategies and sales processes accordingly.
margay a producer or consumer?
consumer
Major channels for consumer and industrial goods?
Consumer channels are long as their customers are geographically dispersed. Sales may be direct between manufacturers to customers or they may have mediators like agents and, or wholesalers and, or retailers. Industrial channels are short. Sales may be direct between producer and customer or there may be intermediaries like agents or distributors or both.
