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NikAS [45]
2 years ago
12

A competitive environment where there is strong rivalry among sellers, low entry barriers, strong competition from substitute pr

oducts, and considerable bargaining leverage on the part of both suppliers and customers a. is competitively unattractive from the standpoint of earning good profits. b. offers little ability to build a sustainable competitive advantage. c. is highly conducive to achieving strong product differentiation and high customer loyalty to the company's brand. d. offers moderate to good prospects for making a reasonable profit and building a sustainable competitive advantage. e. requires that industry members have a strongly differentiated product offering in order to be profitable.
Business
1 answer:
Tju [1.3M]2 years ago
3 0

The competitive environment described is competitively unattractive from the standpoint of earning good profits.

<h3>What is a perfect competition?
</h3>

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  In the long run, firms earn zero economic profit.

To learn more about perfect competition, please check: brainly.com/question/17110476s

#SPJ12

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Pat shopped at Target for new summer shorts. After trying on three different brands and price comparing, he decided to buy the D
Vitek1552 [10]

Answer:

Shopping and convenience

Explanation:

Pat shopped at Target for new summer shorts. After trying on three different brands and price comparing, he decided to buy the Dockers shorts. While heading to the checkout stand, he spotted earphones hanging on the endcap of the electronics area. Remembering he needed new earbuds for his iPod, he grabbed a set and paid for it all at the checkout counter. What types of product categories did Pat experience in this shopping trip

Pat experience shopping and convenience product categories; the dockers shorts is the shopping product while the ear phone is the convenience product.

Shopping products are types of products categories in which a consumer takes his or her time to deliberate, research, compared on a product before they decided to buy the said product while convenience product is one that required no deliberation, the are usually routine products.

5 0
3 years ago
A company purchased $3,600 worth of merchandise. transportation costs were an additional $315. the company later returned $250 w
Anestetic [448]

Answer: $3,564.50

Explanation:

The total amount that the company will pay for the merchandise is the net cost of the merchandise, less a 3% cash discount, plus the transportation costs. The cash discount normally only applies to the merchandise and not the transportation costs.

The cost of the merchandise is $3,600 less the $250 refund, which equals $3,350. With a 3% cash discount they will pay 97% of this amount, which is $3,249.50. After adding the additional transportation charge of $315, the total amount to be paid is $3,564.50.

6 0
3 years ago
When marketers _____, they take into account the fact that customers are different, customers change, competitors change and rea
butalik [34]

Answer:enter into the strategic marketing process

Explanation:

4 0
2 years ago
Using the most reliable information available, how much of the Earth's land surface is used for agriculture today? View Availabl
enot [183]

Answer:

The answer is: 30 to 40%, according to satellite imagery

Explanation:

Satellite imagery is the most reliable way to try to determine what percentage of the Earth's land is used for agriculture. First and most important, the world is huge and only satellites have the technology to take images of continents and differentiate what possible use is given to them.

Government's surveys and records are no very reliable since you would need to use information from all the governments in the world including democratic countries and nations with dictatorships.

4 0
3 years ago
3. High-end pricing depends on the customer having which of the following perceptions?
djyliett [7]
<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

5 0
3 years ago
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