Answer: Decreasing cost industry
Explanation:
A decreasing‐cost industry is an industry where the costs decrease as there is expansion in the industry. In this situation, the industry's long run supply curve will slope downward because as there is more production of output, minimum average cost of production for every firm decreases with the decrease in costs.
A decreasing cost industry is characterized by the lower costs and prices due to economies of scale and technological advancement.
Answer:
1. Customer profile is used to increase sales by keeping their demand in mind. Customer traits and requirements are important and used a target for increasing sales.
2. Profitability is the main reason when a company is increasing its product mix.
3. Understand your product, take feedback from customer, observe customer typology.
Explanation:
4. The sales analysis is very important for any business. It is important to forecast sales based on demands of customers to ensure sufficient supply of products.
5. Inaccurate sales forecasting leads to decline sales. The company has foretasted $90,000 but in actual it was only able to make up $25,000 of sales. This may be due to some unavoidable circumstances but during forecast such events and seasonal effects should be considered.
6.
Sales analysis is an important factor which helps any organization to meet market demands.
Market share analysis helps the organization to identify where it stands out among its competitors.
Marketing profitability analysis is a process which helps a company to design such marketing strategies which will help to boost its profitability.
Answer: The correct answer is "c. is a seller that has the ability to control to some degree the price of the product it sells.".
Explanation: A price searcher is a seller that has the ability to control to some degree the price of the product it sells.
Answer:
Value chain
Explanation:
As seen above, a value chain can be defined as the activities that transform raw materials into goods and services. That is the process that raw materials underwent to become something of value to end users that they can either purchase or that is edible.
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