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Although the pope remains the highest figure in the Roman Catholic Church, there could be an argument that Martin Luther, founder of Protestantism, was more powerful because he reshaped the entire landscape of Christianity.
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Answer: equilibrium, efficiently, take time
Explanation:
Can you give more information please..I don’t know how I’m supposed to answer that
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.
