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What are the key factors for establishing product differentiation in a post recession as it relates to economic indicators?
Wiki User
∙ 10y ago
In the new post-recession consumer environment, the following are the differentiation factors that need to be considered in order to attain product differentiation. The service, the treatment of the customer before and after the sale sets their and satisfaction with the product. Location, the business must be accessible to the consumer, this creates convenience for the customer. Price differentiation is a common differentiation strategy; the key is to give the consumers value for their money.
Wiki User
∙ 10y ago
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Which of the economic indicators is most likely to be high during a recession?
Unemployment rate
What helps economics judge the overall condition of a particular countrys economy?
A measurement of economic indicators.
What is the definition of an economic recession?
An economic recession is a slowdown in economic activity characterized by less consumer spending and often also by higher unemployment. Generally accepted indicators of a recession are usually a decline of Gross Domestic Product for two consecutive quarters and a sudden increase by 2 percent or more in the unemployment rate. However, since it takes a significant time to compile and verify the economic data, a recession may be well underway or even over when government agencies officially declare it.
When economic activity in an economy declines it is called?
== == == ==
Implications of economic recession?
Economic recesion - implications
Which of the economic indicators is most likely to be high during a recession?
Unemployment rate
What helps economics judge the overall condition of a particular countrys economy?
A measurement of economic indicators.
What is the definition of an economic recession?
An economic recession is a slowdown in economic activity characterized by less consumer spending and often also by higher unemployment. Generally accepted indicators of a recession are usually a decline of Gross Domestic Product for two consecutive quarters and a sudden increase by 2 percent or more in the unemployment rate. However, since it takes a significant time to compile and verify the economic data, a recession may be well underway or even over when government agencies officially declare it.
What was the effect of president roosevelts attempt to balance the federal budget?
economic recession
What do economic indicators do?
One thing that economic indicators measure is the unemployment rate.
When economic activity in an economy declines it is called?
== == == ==
What is economic crunch?
recession
How did the recession of 2011 compare to other economic downturns?
recession is the same to economic downturns as they both have exact economic phenomenon with few respects
Implications of economic recession?
Economic recesion - implications
What has the author John Grant written?
John Grant has written: 'A handbook of economic indicators' -- subject(s): Economic conditions, Economic indicators
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
What happened in 1931 just as economic indicators were beginning to rise?
In 1931, just as economic indicators were beginning to rise:
