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What is market growth?
In general, when a company says there is "strong market growth", they mean that the overall demand for the product they are selling has increased. In other words, there is a larger market for the product they make and are trying to sell. However, it doesn't necessarily mean that the increase in demand is for THEIR particular product. Instead, it is an increase in demand for all companies that make that product. For example, Starbucks might say that there is market growth for coffee products. That means that more people are buying coffee products, but not necessarily from Starbucks. If it was only growth in Starbucks, then they would (or should) say that they have strong "sales growth".
What happen if business firms fail to market the product?
Company will sufer for growth,lack income and fold up.product presentation will not be known by the poblic and other organisationns.bro Israel
Is fedex market leader in logistic industry?
FedEx is one of the leading companies in the logistics industry, known for its extensive global network and diverse service offerings, including express shipping, freight, and e-commerce solutions. While it is a major player, it faces significant competition from other logistics giants like UPS, DHL, and Amazon Logistics. The market leadership can vary by specific segments and regions, but FedEx remains a prominent and influential force in the industry.
What is relative market share?
AnswerRelative market share is comparing market share of a company with that of its next biggest competitor. Having a relative Market share of >1 means you are the market leader that outperforms the next biggest by this factor. A relative market share
What are the marketing functions of hospitality industry?
Hospitality Industry is a service sector industry and employs the same elements as other marketing industries functions for economic and social satisfaction to the customer and profits to the hospitality sector employing marketing tools such as product/service promotion including publicity,advertisements,sales ,services; packaging services as brand strategy;pricing;placing;market research.
How did the growth of steel industry affect other industries?
The growth of the steel industry had a positive effect on other major industries. The steel industry strengthened the building and railroad industries.
Growth in what other are was caused by the growth of the automobile industry?
All of the answers are correct.the steel industry, the rubber industry, and the petroleum industryA+ Students :o)
What will happen to worker wages when an industry shifts from a monopoly to a competitive market?
When an industry shifts from a monopoly to a competitive market, worker wages are likely to increase due to the heightened demand for labor. In a competitive market, firms typically have to offer more attractive compensation packages to attract and retain employees, as they compete not only with each other for customers but also for workers. Additionally, increased competition can lead to greater productivity and innovation, further supporting wage growth. However, the extent of wage increases can vary based on factors such as the specific industry and labor market conditions.
Will the radio industry fail with the growth of podcasting?
Will the radio industry fail with the growth of podcasting? No, as radio is still popular in vehicles, restaurants, super markets and other such facilities. Radio industry is absolute crucial in promotion of new music as well.
How do the major components of each body system interrelate to each other system?
The major components of each body system all interrelate to each other to keep each organ and part healthy. If something is wrong with one, it effects one or more of the other systems, and the brain will get information from at least one of the systems effected.
Are diamonds a monopoly in the global market?
No, diamonds are not a monopoly in the global market. The diamond industry is controlled by a few major companies, but there are also many other players in the market.
How do the major component of each body system all interrelate to each other system?
The major components of each body system all interrelate to each other to keep each organ and part healthy. If something is wrong with one, it effects one or more of the other systems, and the brain will get information from at least one of the systems effected.
Distingush between cash cow and rising star in a bostern matrix?
In the BCG (Boston Consulting Group) matrix, a "cash cow" represents a business unit or product with a high market share in a mature industry, generating consistent revenue with low growth potential. Conversely, a "rising star" is characterized by a high market share in a rapidly growing industry, indicating significant potential for future growth and investment. While cash cows provide the funds to support other business units, rising stars are seen as future cash cows as they capitalize on market opportunities.
Business controls all other companies of the same type?
A monopoly may impact an industry significantly, but there isn't other businesses within an industry when a true monopoly exists. A market leader is a business that may affect the prices within an industry.
Is Facebook a monopoly in the social media industry?
Facebook is a dominant player in the social media industry, but it is not considered a monopoly as there are other competitors in the market such as Twitter, Instagram, and Snapchat.
Who is the market leader of the sports industry?
Nike, they make quite a bit more than the other sports companies
How does fuel pricing economic uncertainty strong currency and competition impact on the airline industry in the south african market?
The same way it does on any other countries market.
