Benefit segmentation is separating your market based upon the apparent esteem, advantage, or favorable position purchasers see that they get from an item or administration. You can portion the market based upon quality, execution, client benefit, extraordinary components, or different advantages. Advantages is division strategy most firmly identified with offering some incentive by fulfilling clients needs and needs.
Answer:
B. Natural barriers cannot prevent the entry of new firms.
Explanation:
Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.
Answer:Debit , market, stated.
Explanation: An actual payment of interest from a payables account is always entered as a debit in that account ledger. Then when calculating the effective interest : it is the the difference between the cash payment based on the market interest rate and interest expense based on the stated interest rate.
Answer:
Explanation:
You need 2 people to have a conversation, not just words. You can’t just be in and empty room and just talk. You need someone else to talk to you.
Answer:
An implied agreement is based on a formal agreement.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.
An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.
This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.
