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What else can I help you with?
What business model creates a market structure that most closely approximates a market structure of pure competition?
The business model that creates a market structure that closely resembles pure competition is a monopolistic competition. Pure competition is also called perfect competition.
What is statement a true about the growth of the suburbs?
the growth of suburbs encouraged innovation in business (apex)
I want to create an online business Which smart products do you think are better?
Products are up to you and also your business depends you have to go for a product with low competition you can check out my profile for promoting your business and also the web host to
What are the pros and cons of competition in the business world?
Competition in the business world can drive innovation, improve quality, and lower prices for consumers. However, it can also lead to unethical practices, market monopolies, and reduced job security for workers.
What law prohibited monopolies and business practices that lessened competition and also allowed labor unions to strike?
none
What is business invironment?
A business environment is the total sum of all external and internal factors that influences a business. It also includes clients, suppliers, competition, owners, technology, laws and government activities.
Why does business environment change?
The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.
What are the impacts of e-business on a business?
Businesses get a lot more opportunities and are able to reach out to wider span of audience. However, the competition also grows with these new possibilities.
What information do you need before you can decide which type of business might be the most successful?
Before I can choose a business, I need to know how much competition there is in my community. For example, if competition for outdoor footwear is high, the coffee shop might be the better choice. I also need to know which business has factors of production that are possible for me to meet. For example, how many employees would I need for each business?
How does trade policy affect a business?
Trade policy can effect the scope and marketable audience for a business. It can also impact the profit due to export taxes or tariffs. Trade policy can also cause undue competition further reducing sales.
What happens when more an more companies get into the games business?
More companies entering the Games business should lead to more competition and a lowering of prices.
What are the examples of competition?
Golf competition or also sports competition and more........ (summarizaed answer)
