Semiperipheral countries. they have traditional values and institutions.
<h3>What is Semi-periphery countries?</h3>
- According to world-systems theory, the industrialising, primarily capitalist countries that are situated halfway between the periphery and the core countries are the semi-periphery countries, also known as merely the semi-periphery.
- Semi-periphery countries are frequently situated physically between core and peripheral regions as well as between two or more competing core regions.
- They have organisational traits with both core countries and periphery countries.
<h3>What do you mean by semi-peripheral regions?</h3>
- Semi-peripheral areas in world systems theory are those that are situated halfway between the core and the peripheral.
- The organisational structure of these nations or areas is made up of both core and peripheral nations, and they are frequently situated geographically between two or more core nations.
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I think it would be “oligopoly”
In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.
The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.
The detail of these goals is given below:
- Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
- Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
- Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.
Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.
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Answer:
The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.
Answer:
Trade credit
Explanation:
Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.
It is the cheapest form of short term financing.
This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.
The transaction is recorded by using invoice.
Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.
There is no extra payment made by the buyer as interest on the amount agreed.