A company that is founded in isolation might not be able to benefit from "technology spillovers" that its nearby competitors might.
<h3>What are
infant industries?</h3>
An infant industry is a nascent industry that, in its early stages, has relative difficulty competing with established competitors abroad or is completely unable to do so.
Governments are occasionally asked to promote the growth of young sectors by safeguarding domestic industries in their infancy, typically through subsidies or tariffs. Indirect subsidies can occur when import duties are levied or when a restriction is placed on the importation of a raw material or a finished product. According to economists, governmental assistance for developing sectors is only appropriate if there are external advantages.
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4. Based on my understanding of product life cycle, it is advisable for a consumer to wait for a few months before purchasing a newly launched product because <span> within that time frame, the company's competition mar release a newer, better product, which may have better technology.
5. I think the </span><span>E-commerce is the most effective distribution channel for companies. This is mainly because just with a few clicks, the customers or consumers can have any product they want at their doorstep in a matter of days or sometimes, in a matter of hours.
6. When it comes to </span><span>sports and entertainment marketing industry, p</span><span>ublicity is the most effective type of promotion. This is because it helps consumers to see products in a specific way. Usually, consumers are interested in products that are ”hot” on the market right now.
7. Going by my understanding, I believe that p</span><span>ersonal selling is much more effective than advertising. I believe so because personal selling tends to make the customer to want to come back and buy more products, since it affords f</span><span>ace-to-face meeting with the customer.
8. </span>It is highly expedient to analyze your competition before commercializing a new product because if <span>you don’t, you may release the same product that your competition has, without better features (or even products with less features), and people will be less likely to buy from you.
9. </span><span>Apart from a sale, some other beneficial results </span>that a company can get from an advertisement is that eve if consumers don't <span>purchase the product right now probably because they don't need it yet, when the time comes that they need the product, they will go back to that brand they saw on the advertisements.
10. Yes, I </span><span>strongly believe that negative publicity is better than no publicity at all. Ultimately, any form of publicity (positive or negative) draws some sort of attention to the brand and some people may even want to get the product to confirm if they truly are horrible or not. It all brings in money for the brand. The only exception to this may be if a brand has criminal charges against them and is on the news. This is not likely to generate any "traffic" from consumers.</span>
When determining when to begin sports or other strenuous physical
activities after an injury, the time period of rest is dependent
entirely on the person's unique healing abilities. This means that some
individuals will be able to come back faster, while others may require
more time, and may even not be able to perform as well as they used to
before their injury.
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I would say D because well you’re gonna spot areas to improve and be setting goals