Explain the impact of price and nonprice competition on business.

Answers

Answer 1

Answer: Price Competition:

Exists when marketers complete on the basis of price. In price competition, the marketers develop different price strategies to beat the competition.

They generally set a same or low price of a product than that of the competitors to gain the market share.

Generally, the prices are changed to cover the costs or increase the demand. For instance, Coca-Cola and Pepsi are close competitors, thus, they often engage in price wars. The major disadvantage of price competition is that the competitors have flexibility to change the prices of products.

ii. Non-price Competition:

Explanation:


Related Questions

Create your own buy and sell stock problem

Answers

Answer:

The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.

Explanation:

Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of

Answers

Answer:

customization

Explanation:

From the question we are informed about Dera diamonds inc. which is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. The case above is an example of customization. Customization in business is also regarded as "built-to-order" it involves the modification of products/goods to suit the personal specification or preference of the clients/customer, it is a way to deliver the product of the customer according to the specified requirements. It a business strategy and when done very well, it makes the clients to always patronize again.

here is a riddle again

If you drop me I’m sure to crack, but give me a smile and I’ll always smile back. What am I?

Answers

Answer:

a mirror

Explanation:

5. Which of the following statements is true about credits?
a) Credits show an increase in what a company owns or a decrease in what it owes.
b) A credit to an asset account shows a decrease.
c) A credit to a liability account shows an increase.
d) Credits show a decrease in what a company owns or an increase in what it owes.

Answers

Answer:

c) A credit to a liability account shows an increase.

when do diminishing marginal returns occur


Please help!!!!!!!

Answers

Answer:

Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.

Explanation:

Diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in overall output or productivity.

Diminishing marginal returns typically occur when the input of a particular factor of production, such as labor or capital, is increased while keeping other inputs constant. Initially, as more units of the input are added, the output or productivity increases at an increasing rate. This is known as increasing marginal returns.

However, as the input continues to increase beyond a certain point, the additional output gained from each additional unit of input begins to diminish. This means that the increase in output becomes smaller and smaller for each additional unit of input. The law of diminishing marginal returns states that there is a point at which the marginal returns start to diminish.

This phenomenon can be explained by various factors. For instance, when more labor is added to a fixed amount of capital, the workspace may become crowded, leading to inefficiencies and reduced output per worker. Similarly, when more fertilizer is applied to a fixed plot of land, there comes a point where additional fertilizer has a minimal impact on crop yields.

In summary, diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in the overall output or productivity. This happens after a certain point when the marginal returns begin to diminish.

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What are three factors that affect price equilibrium and how does each factor affect it?

Answers


As you can see, an increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

Which career pathways involve high risk due to exposure to dangers?

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway

Answers

Answer:

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

Explanation:

The career pathways that  involve high risk due to exposure to dangers is :

A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

"Career Pathways"

The career pathways that involve high risk due to exposure to dangers is:

Firefighters in the Emergency

Firefighters too give an critical part in teaching the open with respect to fire and security.

Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.

Fire Management pathway

Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.

Crisis administration executives ordinarily require a bachelor's degree

Correctional Officers in the Corrections pathway

Corrections officers may do a few or all of the taking after:

supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.

Detention Officers in the Law Enforcement pathway.

A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.

A Career Pathway traces the positions, compensation, and preparing required to development in an industry.

Thus, the correct answer is A.

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Which of the following is not a required element of a contract
A Offer
B Breach
C Acceptance
D Consideration

Answers

Answer:

D

Explanation:

Consideration is unnecessary.

Considering the available options, the option that is not a required element of a contract is "Breach."

This is because for a contract to be valid and enforceable in a court of law there must be the following elements.

Offer: there must be an offer from one party to another which must be accepted. Offer can be verbal or written. The person making the offer is known as the offeror.

Acceptance: for a contract to be valid, there must also be an acceptance from the other party. Acceptance can also be verbal or written. The person accepting the offer is known as the offeree.

Consideration: this is also an essential part of a contract. A consideration Is what is given by the parties to a contract to make it enforceable. For instance, a vendor's consideration is goods or services delivered, while a purchaser's consideration is the money paid for the goods or services.

However, the breach is not part of a contract element as breach voids a contract.

Some other elements of a contract are the legality and capacity of the parties and the consideration involved.

Hence, in this case, the correct answer is option B. "Breach."

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What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

what is 3/5 of 18 800​

Answers

Answer:

11,280

Explanation:

3/5 of 18 800

=3/5 x 18 800

=0.6 x 18,800

=11,280

Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
A.
Raising its interest rates
B.
Keeping its interest rates low
C.
Increasing its exports
D.
Avoiding debt


Please select the best answer from the choices provided

Answers

Answer:

Keeping its interest rates low

Explanation:

Interest rates correlate with the exchange rate of a country. Low-interest rates are unattractive to foreign investors. Investors associate low-interest rates with reduced returns. In the foreign exchange market, the demand for such a country's currency will below, resulting in a lower exchange rate against other currencies.

If a country has low-interest rates, its currency will be in low demand, meaning its strength will be relatively weaker against the US dollar.  One dollar will be able to buy a large quantity of goods and services from such a country. In other words, that country's exports will be cheaper in the USA.

Answer: B

Explanation:

trust

A low credit score can lead too?

Answers

Answer:

Dept

you can loose errythang

no loans

Explanation:

[tex]\text{Hello There!}[/tex]

[tex]\text{A low credit score can lead to a number of things, such as:}[/tex]

Low eligibility rates for apartmentsHigh-interest ratesDifficulty applying for credit cards

[tex]\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}[/tex]

[tex]\rule{300}{0.5}[/tex]

A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

why banks pay lower interest rates on savings accounts than on certificates of deposits.

Answers

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:
a.
Paragraph letter
b.
T-letter
c.
Bullet letter
d.
S-letter

Answers

Answer:

B

Explanation:

Got it on edge 2020

When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.

constructive criticism
verbal warning
destructive criticism
discipline

Answers

Answer:

conatructive critcism

Explanation:

they are critisming you so you can do better

PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
1. Investing in bonds is risk free. Investing in stocks is much riskier. Why do you think fictional advisors suggest that it’s a good idea to own both stocks and bonds?
2. Each time you sell a stock to make a profit, you must pay tax on the money you make (the
difference between the buying and selling price). This is called capital gains tax. Do you think
capital gains tax is a good idea? Why or why not?

Answers

Answer:

Explanation:

1.

Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

Oh I have this same one, right now i only know 1 TOT

Answer:

1. Advisors say to invest in both so that if you lose all your money on the stock market, you will still have a good amount of money invested in bonds, still safe. However, if you’re lucky and the stocks you invested in go up in value, you can earn a large amount of money in addition to the bonds you’ve invested in.

2. This one is opinionated and depends on your beliefs.

Explanation:

How are college costs different based on the type and location of the school you choose as well as
your room and board arrangement?

Answers

Answer:

If you choose a private university, chances are your tuition is going way up. Prestigious university with accredited programs can also be a bit pricey. Same thing goes for Ivy league schools. Community colleges are relatively inexpensive anywhere you go. Universities in big cities often have a higher tuition if you're considering location. Room and board arrangements differ. If you choose to live on campus in a basic dorm the expense won't be too bad. Colleges could also have the option of off campus housing which is way more expensive and they have different rooms you can choose from. Meal plans are also included in room and board so that's something to consider.

Explanation:

NEED ANSWER QUICKLY BEFORE 11:59 AM

Answers

Answer:

The answer is "Danger Zone".

Explanation:

The danger zone would be where bacteria, which is spread from meats can be grown. It defines as around 40 to 140 °F (4 to 60 °C). It is also named this range of temperatures, in which it never leave stuff in conditioning for even more than 2 hours. In this, the meat mustn't be left out for further than 1 hour if its temperature is well above 90 °F, at higher than 140 °F, maintain hot meals.

pls help
Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications could she put in the section common to all three pathways?

a. physical stamina, willingness to work long hours, teamwork, stress-management skills
b. physical stamina, color vision, stress-management skills, knowledge of geography
c. color vision, willingness to work long hours, teamwork, customer-service skills
d. knowledge of geography, customer-service skills, teamwork, stress-management skills

Answers

Answer:

A: physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation:

the others don't make sense according to the notes I took, correct me if I'm wrong

Answer: A - physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation - It was correct on edge 2022

when someone get troll and can't take a joke what would you do?

Answers

Answer:

Call them a bitc h

Explanation:

Answer:

Get rick rolled

Explanation:

-.-

30 points please help

Answers

Answer:

1.A

2.A

3.A

Explanation:

I searched them up.

Hope this helps Brainlylist plz

Answer:

1.A

2.A

3.A

Explanation:

These are correct give the person in front of me brainliest :)

What should you do before you approach a atm

Answers

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

What is the typical education level needed for an Advertising, promotions or marketing manager position?

Question 5 options:

High school diploma only


Bachelor’s degree


Doctorate degree


No degree necessary

Answers

Answer:

Kristina look at my new question thats the new chat

Explanation:

Answer:

bachelor’s degree

Explanation:

Calculate the additional cash needed for the six months. When there is a cash shortfall (the shortfall/surplus cash calculation is less than zero), additional cash must be obtained from a loan to cover all of the monthly expenses. Therefore, additional cash needed is equal to any cash shortfall. It is zero if there is a cash surplus. The additional cash needed should be a positive number even though a shortfall will be a negative number in the model (row 26). [6 points]

Answers

Answer:

the numbers are missing, so I looked for a similar question:

Vince's Blinds will have cash receipts of​ $97,000 and cash disbursements of​ $108,000. If its beginning cash is​ $5,000 and its desired reserve is​ $2,000, what will be its shortfall in cash for the​ month?

You have to repeat the same procedure for the following months. The ending balance of month 1 becomes the beginning balance of month 2, and so on. For month 2 we can flip the cash receipts and disbursements:

                                                 Month 1       Month 2       Month 3

Beginning cash balance          $5,000        $2,000        $5,000

Cash receipts                          $97,000    $108,000           ....

Cash disbursements           ($108,000)    ($97,000)

Net balance                            ($6,000)       $13,000

Cash from loan                         $8,000      ($8,000)

Ending cash balance               $2,000        $5,000

Depending on the numbers that you have, you should be able to complete the 6 months and then just add the cash from loans.  

Amber showed up to the conference room five minutes before her presentation, which was to begin at 2 P.M. This was the first time she had been to conference room #9, and she assumed that it had a projector. Unfortunately, it didn't. After noticing this fact, she rushed to an adjacent room to borrow one. She was able to do so, and finished setting up her equipment at 2:15. She had to borrow a laptop as well, since the room did not have a computer. 1. Think carefully about what happened to Amber's presentation. In your estimation, what was her first mistake?

Answers

Answer:

She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.

Explanation:

So basically just not coming early and prepared.

What are stocks and mutual funds?

Answers

Answer:

Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.

Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.

Answers

Answer:

The Awnser Is A

Explanation:

It's the Best Awnser

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?

Answers

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

Work and/or assignments performed in a career are _____.


A.) tasks


B.) values


C.) interests


D.) employees


(please help :D)

Answers

Answer:

b. task

Explanation:

The assignments which are actually performed in a given career is known as Tasks option(a) is correct.

What is a career?

A career in simple words we can say that it is known to be an occupation or a profession which actually undertakes for a longer period of the time which gives monetary benefits over a period of the time.

Career is usually one person choose to do because it is known to be his/her purpose of choosing a right path over a period of the time.

Therefore Option(a) is correct.

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Kitten emergencyHere's a "Real" question whats 6+7-2=?What should I name my new cat?? Shes a mix of always hungry, playful, and shady. 20 POINTS FOR THIS QUESTION.VERY URGENT HELP.please dont guess on this I really need help and explain how you got the answer. ( this is paragraph 5 that your supposed to read,) Between 600 and 900 CE , acupuncture developed especially rapidly in China. Books and colored charts describing meridians and specific acupuncture points were published. The technique continued to evolve through the eighteenth century, and even began to spread to the West . Missionaries returning to Europe brought acupuncture back with them, and Asian immigrants brought the tradition to America , too. In the early 1800s , however , acupuncture was suppressed by the Chinese emperors of the time, who were increasingly influenced by Western ideas. After the defeat of the last emperor in 1911 , the practice of acupuncture began to revive in ChinaPresident Richard Nixon's visit to China in 1972 caught the public's attention , and acupuncture became popular in the United States as well . Rotate the image 180 about the origin. Give the new coordinates of the image. how do you do this? plz help me with math! Reflect the point (-7, -9) across the x-axis: ThenReflect the point (-7, -9) across the y-axis: para hacer un protecto en la clase de histaria , los estudiantes______ que _____ world war 2. ASAP I really need help! For which of these does the First Amendment offer no protection What would be the correct demonstrative adjective to fill in the two blanks? (Ce/Cette/Ces/Cet) In the following conversation, which group discussion technique does han most clearly show? Was Austria-Hungary powerful enough to engage in war?No, they had all of the manpower stationed in Africa.Yes, they had a huge emple and were ready.No, they had to have Germany's help and military.Yes, they were the strongest country in Europe.sorry for posting so much ! Find the length of the missing side. The triangle is not drawn to scale. How many troops did Italy have? Which term describes a situation in which one country can produce more of aproduct than other countries?a. surplus advantage b. absolute advantage c. deficit advantage d. comparative advantage PLEASEEEEE HELPPP!!! HL AASASASSSSASUnknown A(n)__ conveys an important idea by using a pattern repeatedly within a story A. archetypeB. motifC. clichD. flashback Write a recursive rule for the sequence 17.-11, -5, 1, ...show complete working format please (4,8) and (-2,16). how do you find the y-intercept In Paragraph 1, President Obama says: "You're not a varsity athlete the first time you play a new sport. You don't hit every note the first time you sing a song." Why does he include these examples? How do they contribute to the meaning of that paragraph? Use evidence from the text. Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also paid dividends of $0.2 million this year. If the sales is projected to increase by 20% next year, what is the projected retained earnings for next year?