Answer:
The correct answer is option B.
The correct answer is option B.
Explanation:
In a monopolistic market, the markup of each firm is higher than that of a firm in perfect competition. Price is higher as well. The firm in perfect competition is a price taker. The price is determined by the market forces. While, on the other hand, in a monopolistic market the firm is price maker. The price is determined by the interaction of marginal revenue and marginal cost.
Perfect competition has both productive as well as allocative efficiency. So the output produced in perfect competition is higher.
Answer:
The correct answer is letter "A": research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity.
Explanation:
In an attempt to expand their operations, companies must analyze the market where they are planning to handle businesses. For such a purpose, entities must use two important tools which are segmentation and targeting. Segmentation is the classification of the market that differentiates customers by different features such as age, gender or income.
Targeting refers to selecting a specific sector of the market to whom the product planned to be manufactured will be offered. The steps an organization should follow to conduct the segmentation and targeting correctly are:
- <em>Research and validate marketing opportunity (in the beginning)
</em>
- <em>Identify business needs
</em>
- <em>Segment total market
</em>
- <em>Profile target customer segment
</em>
- <em>Research and validate marketing opportunity (at the end)</em>
In logistic growth population starts out slowly, then increases rapidly, and eventually flattens out at the carrying capacity.
Public<span> works projects of the Great Depression.</span>
The naics may be a system for classifying businesses in North America
In order to categorize commercial enterprises for the purposes of gathering, analyzing, and disseminating statistical data per the American business economy, Federal statistical agencies utilize the North American Industry arrangement (NAICS).
<h3>Do NAICS numbers have a worldwide presence?</h3>
Business establishments are categorized by the type of economic activity using the North American Industry Classification System, or NAICS
In Canada, Mexico, and therefore the United States of America, both the govt and business utilize it.
Are NAICS codes employed by all businesses?
Yes.
You need a business activity as long as you have a business.
Simply said, your code identifies your primary and secondary revenue-generating lines of operation.
Learn more about NAICS :
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