Long-Run Equilibrium A firm in will engage in try to earn an economic profit. A)monopolistic competition; product differentiation B)perfect competition; advertising C)perfect competition; price wars D)monopolistic competition; price wars to
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- In which of the following market structures is the degree of control over the price of its product by a firm very high? 1.Imperfect Competition 2. Perfect Competition 3. Oligopoly Monopoly 4. None of these5. Direct-to-consumer businesses have had mixed success. That is, while the model has succeeded in some categories, it has not worked in others. Can you identify reasons why? Which product categories may be more suited for direct-to-consumer business model?You are launching a new product on the market. Please analyze the situation and possibiliti and PEST analysis Demand trends, social factors, psychography Competition Analysis: Analysis of Porter's Five Forces Model
- 1. Consider the expression “timing is everything” in relation to the building of the TOMS brand. Besides the influence of recovering economic conditions and the increased affluence of potential customers, what forces contributed most significantly to TOMS growth and market share? In your answer, consider the following: a. Which cultural/social concepts and/or norms influenced a potential buyer to purchase TOMS products? Detail the impact of your identified concept/norm on TOMS growth. b. Do you think that most businesses can successfully leverage the same cultural/social concepts and/or norms that TOMS did? Be descriptive in your response, and, if appropriate, identify a company/business that has put such principles to work to their advantage. 2.Review the TOMS website (especially the section on "Impact") and access the “Code of Business Practices via the link below. Of the elements of the Code, select three and review them in terms of ethical behavior and corporate social…E3 1. Think of a product that you ought to sell as an entrepreneur/ businessman in the future. Describe the product.2. How much price do you ought to charge on your product?3. What are your reasons for your price? Justify the price of your product based on the input cost, value of the product and customer perception.Find words which mean the following. 1 a company's sales expressed as a percentage of the total market 2 short-term tactics designed to stimulate stronger sales of a product 3 the situation in which there is only one seller of a product 4 companies offering similar goods or services to the same set of customers 5 a short and easily memorized phrase used in advertising 6 the division of a market into submarkets according to the needs or buying habits of different groups of potential customers 7 a small and specific market segment 8 a factor which makes you superior to competitors in a certain respect 9 a business's total sales revenue 10 a period during which an economy is working below its potential
- Explain what are the two primary factors that are difficult to estimate the initial market size ?Which one of the following is not an economic objective of the business:- Question 15 options: Social environment Survival Profit GrowthQ2 a) What are the major objectives of agricultural marketing?b) Explain how one can evaluate the efficiency of a marketing situation.
- What is walmart strategic of partnership?????Describe the three forms of efficient markets hypothesis. Specify which of the three forms allows for generation of alpha using technical analysis.What marketing strategies a monopolist, like DeBeers, could use to influence total market supply? 4. As above, how these marketing strategies could change supply?