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.
Caring he copes with the death and reaches out softly to the animal
One is proof , I dont remember the other
Answer:
When the Federal Reserve increases its interest rate, banks then have no choice but to increase their rates as well. When banks increase their rates, fewer people want to borrow money because it costs more to do so while that money accrues at a higher interest. So spending drops, prices drop and inflation slows.
Answer:
Climate:
Possible answers for climate could be annually or long period of time since climate is long-term. Another for climate could be the definition or an example.
Example: The annual climate of Texas is 80-100 degrees.
Weather:
Possible answers for weather could be short amount of time, for example, today, yesterday, etc, since weather is short-term. Another for weather could be the definition or an example.
Example: The weather of Texas today is 89 degrees.
Hope this helps you!
