Charter Colony (so called because the document given to the company by the English King was called a charter)
Answer:
Well these are 3 different metaphors Laughter is the music of the soul. America is a melting pot. Her lovely voice was music to his ears. The world is a stage. You can right about those
Explanation:
In markets where competition is very intense, companies are not able to keep on competing in prices forever, as at some point their cost structures prevents sucessive price lowerings. Therefore, companies are forced to use alternative strategies to defeat their competitors and to attract larger shares of consumers to demand their products.
<u>Companies need to become more efficient in production and to introduce innovations</u>. An example of an efficiency increase is to produce at the same cost, maintaining the same market price but delivering a higher-quality product, that includes, for instance, a better packaging. This new feature has been achieved through the implementation of a new tecnique in the production process (ex: new materials for the packaging) together with an innovative and sucessful marketing campaign.
Intelligent Question! keep it up!
