Answer:
firms compete on multiple dimensions like price, quantity, and product attributes.
Explanation:
Price, product and place are common factors used by firms to establish a competitive advantage over other strategic groups within the same industry. These factors enable a firm to establish a long term projection plan for their products and services in a competitive environment.
Answer:
Yes.
Explanation:
I agree with Unilever’s decision to link its brands with efforts to encourage healthy and environmentally sustainable behaviors because it is an innovative way to catch more customers who might have been in doubt of their products due to health and other related issues. It also presents a good image of the company and shows that Unilever is not only out there to sell their products and maximize profits but also to make sure that the consumers of their products are healthy and satisfied. This will help them retain their customers as well as to build unflinching loyalty.
Answer:
Boilermakers
Explanation:
Boilermaker are individuals who are into making boilers or large containers that is meant for housing or keeping liquid or gases such as oil or gas. They are involved in fabrication of steel, iron or copper into boilers. There job roles can involves repairs as well.
However, according to Bureau of Labor Statistics, the job growth of Boilermaker is 6%, and with the closure of most Coal Fired power plants in the coming decade, there is going to be lesser demands for boilermaker.
Specifically in building construction, gas boilers are expected to be replaced by low carbon heating system in all new homes, in the near future, this will gradually reduce demand for boilermakers.
Also, considering the increase in energy sector, trying to move away from crude oil to renewable energy such as solar, there will be lesser demand for boilermaker.
Answer: Non price competition
Explanation: In simple words, non price competition refers to a business strategy under which the firms in the industry compete with each other on the factors like product attributes, customer service, special features etc.
The firms tries to enhance the value of the product by factors other than price. These, kinds of strategies is usually used in markets where small price change can impact the customer base heavily.
Answer:
Quasi contract and unjust enrichment
Explanation:
The correct answer to the given question is Quasi contract and unjust enrichment.
Quasi contract is when no agreement is formed but a party is liable to the other.
Unjust enrichment is that a party benefits from the expense to the other party when there is no such agreement. which is unjust and the party who benefits is held liable.
