Answer: Horizontal segmentation try's to understand what customers want and then to deliver it.
Answer: (D) Horizontal complementary
Explanation:
The horizontal complementary is one of the type of business strategy alliances that are formed for increase the competition level in the marketing by producing the various types of product and new technologies in the market.
According to the question, the horizontal complementary strategy are basically refers to the partnership that link various types of organizational unit together with the other business units or companies.
Therefore, Option (D) is correct.
Answer:
The correct answer is: legal barriers.
Explanation:
A monopoly is a market structure where there is only a single firm, there is a restriction on the entry of firms. This gives firms a certain degree of market power.
The monopolies are able to retain their market power through restrictions on the entry of other potential firms. These restrictions are of different types such as exclusive ownership of a resource, legal barriers, increasing returns to scale.
In this particular scenario of patents, the barrier to entry is a legal barrier. The other potential firms are legally restricted to enter the market as they do not hold a patent.
Answer:
Real GDP is not influenced by price changes, but nominal GDP is.
Explanation:
Real gross domestic product (Real GDP) is a measure of gross domestic product "in volume", that is, measured at constant prices. Changes in GDP linked to price variations (inflation or fall in prices) are thus neutralized, which allows a measure of economic growth.
Real GDP is only used in practice to measure GDP growth from year to year, with nominal GDP remaining the benchmark measure for long-term data.
