Answer:
The first way to split economics is microeconomics and macroeconomics.
Microeconomics – concerned with individual markets and small aspects of the economy.
Macroeconomics – concerned with the whole aggregate economy. Issues such as inflation, economic growth and trade.
Explanation: Hope the picture helps
Native Americans lived here way before anyone else
General Motors , Ford Motor Company and DaimlerChrysler have created a single online site called Covisint for purchasing automotive parts from suppliers.
To promote cooperation, visibility, and integration for the worldwide automobile sector, DaimlerChrysler, Ford Motor Company, and General Motors established a unified business-to-business supplier exchange called Covisint in February 2000.
Today, Covisint makes it possible for businesses in the automotive industry to safely share information on the biggest B2B marketplace on the planet. Over 85,000 enterprises and 500,000 people worldwide now connect and communicate on demand thanks to our cloud-based Connected Supply Chain. Using single sign-on and delegated administration, the Covisint secures this automotive exchange while facilitating information sharing with collaboration and web content management tools.
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Answer:
Product differentiation
Explanation:
some consumers generally not consider all market products as same like in question some consumers consider the variation in taste of coffee available in market . so this type of phenomena is know as product differentiation in market. In product differentiation consumer consider little variation in similar product regarding taste, color, smell, size and so on. mainly this process related to economics and management in which you study about product differentiation. It really provide edge to different competitors work in market. To sum up, when consumer consider unique qualities of product while choosing and buying it is know as product differentiation.
