Firms are not in competition with many other firms in every market structure. Some market structures such as monopolies or oligopolies feature either one single firm, or only a few firms, that frequently collude instead of competing.
Not all firms leave the market as soon as they lose profits. Some do, but others stay. A monopoly can survive decades without increasing its profits.
Not all firms will try to maximize profits, some will try to maximize market share instead, especially in perfectly-competitive market structures.
Not all firms face a horizontal demand curve. In some market structures, demand can be very dynamic, either sloping upwards (increasing) or downwards (decreasing).
The correct answer is A. a team member performs well.
Explanation:
The power of reward arises from the ability of a person to influence the allocation of incentives in an organization. These incentives include salary increases, positive evaluations and promotions. In an organization, people who exercise the power of reward tend to influence the actions of other employees. Reward power, if used well, motivates employees. But if applied through favoritism, power can demoralize employees and decrease their production.
Competitive Forces are factors and variables that threaten a company's profitability and prevent it dominance on setting high prices and monopoly. The number and power of a company's competitive rivals and substitute products influences how the company makes profits.
Competitive Forces can be grouped into two which are;
Direct Forces: This determines how low the floor can go for a price competition
Indirect Forces: This places a cap on market's prices and profits
Coors Brewery attempting to sell its beer in Ireland competing against Guiness Beer... Or attempting to sell its beer in Australia competing against Fosters beer is an example of Competitive Forces because by attempting to sell its beer in either of Ireland or Australia to compete with Guiness Beer or Fosters Beer, there will be competition in the Industry, thus, the larger the number of equivalent product and services offered, the lesser the power of a company.
Suppliers and Buyers alike seeks for a company's competition and see if they are able to offer better deals and lower prices.
If Coors Brewery is able to offer better deals or lower prices In Ireland or Australia as against Guiness or Fosters Beer, there will be competitive rivalry as they will become a direct force competition that will determine how low the price of beer will go in the two countries respectively
Accountancy There are 6 points on a coordinate plane. The points are (negative 5, 0), (negative 4, 1), (negative 3, 4), (1, negative 2), (2, 4), (5, negative 3).
controllable factors because they are the responsibility of the marketing department in an organization.
It should be noted that the marketing mix elements are are reffered to as controllable factors because the controllable factors are those steps or action that are taken in business to bring about development and to market the business products and services.
These controllable factors could be the price of the product/ services how the product is been promoted as well as places and others.
