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illustrate the way in whice market forces shape organisational responce elasticity of demand

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Use a range of examples to illustrate the relationship between market force and organizational responses?

Globalization of production is one example that illustrates the relationship between market force and organizational responses. For instance, if customer demand around the globe for a product increase, organizations have to respond to meet those needs.


What is organisational marketing?

An organised market functions as per the rules,regulations and procedures which are led down by the government.It has its own constitution and managing body for supervision,regulation and control.The stock exchange, the regulated market, produce exchange and bullion market, are examples of organised market.


Relationship between market forces and organisational responses?

Examples of this relationship can be the demand and supply process, price elasticity, customer perception and action. For instance, If you look at the price of properties in London, the prices have rocketed during the last couple of years and this is due to the increasing number of people wanting to live in London, in other words, as the demand in housing increased, the prices also did and consequently the supply decreased.


Can you provide examples of supply and demand graphs to illustrate the concept of market equilibrium?

In a supply and demand graph, market equilibrium occurs where the supply and demand curves intersect, indicating a balance between the quantity of goods or services supplied and the quantity demanded. At this point, the price is stable and there is no shortage or surplus in the market. Examples of supply and demand graphs showing market equilibrium can be found in economics textbooks or online resources.


What are the examples of microeconomics?

Market failure and Market structure.


What are the 2 examples of microeconomics?

Market failure and Market structure.


What factors can have an impact on market share?

Successfully increasing market share depends on advertisement quality, competitor responses, and product demand and quality.


Examples of market research?

surveys


Give two examples of products being exclusively distributed in the market along with the reason for selected examples?

Give two examples of products being exclusively distributed in the market along with the reason for selected examples?


What are two examples of products of FMCGs being exclusively distributed in the market?

What are two examples of FMCGs being exclusively distributed in the market with reasons


What are some examples of markets?

A local farmers' market, a flea market, stock markets


What are some examples of free markets?

A local farmers' market, a flea market, stock markets