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suter [353]
3 years ago
15

Lenovo, HP, Dell, Acer Group, and Apple dominate 70% of the world market for personal computers). Smaller competitors survive by

focusing on providing unique products / services that meet the needs of select sub-segments in these industries. This type of competitive interaction illustrates:
Business
1 answer:
Over [174]3 years ago
4 0

Answer:

Oligopoly

Explanation:

Oligopoly is simply defined as the situation in which more than two firms own/control the largest market share, while other smaller firms contend for the remaining share of the market.

For better understanding;

  • Monopoly: one firm owning/controlling the largest market share.
  • Duopoly: two firms own/control the largest market share.
  • Oligopoly: more than two firms own/control the largest market share.

In this type of competition (Oligopoly), the smaller firms survive by offering unique features in their products and services while some offer cheaper prices for their products and services.

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In which type of economy is a business owner most likely to benefit from free<br> enterprise?
Colt1911 [192]
Most likely would be a democratic system.
7 0
3 years ago
World Grocer sells high-quality products and grocery items that are unique to its highly populated area; in addition, it offers
Rzqust [24]

Answer:

<u>Focused-differentiation.</u>

Explanation:

A focused differentiation strategy is a strategy used by organizations to reach a group of customers through the marketing of differentiated products and services that provide added benefits to the consumer.

This strategy is characterized by the combination of the business strategies developed by <em>Porter</em>, which are:

  • Cost leadership
  • Differentiation and
  • Focus.

The greatest benefits added to this strategy are the increase in consumer loyalty, since offering targeted and differentiated services guarantees the improvement of service, quality and increase of the company's reputation.

There is also the possibility of increasing profits, due to the sale of differentiated and exclusive products, which may have a higher purchase and sale value.

8 0
3 years ago
_____ are expense items that do not become part of a final product. select one:
yarga [219]
Business services are expense items that do not become part of a final product.

Business services are intangible items such as IT, finance, management, shipping and more. These services support each other but do not become part of the final product. Installations and supplies are both part of the final product. Supplies to build and installations to put together.
4 0
3 years ago
________ is defined as a social and managerial process by which individuals and organizations obtain what they need and want thr
Thepotemich [5.8K]

Answer:

The correct answer is C

Explanation:

Marketing is the one which is concerned with the management as well as the study of exchange relationship. It is the process of business of establishing the relationship with the customers through exchange the value.

As it is used to attract the customers, the primary components of business commerce and management.

So, marketing is the process of managerial and social through which the groups and the individuals obtain what they want and need by exchanging and creating products and value with others.

3 0
3 years ago
_____________ is by far the most popular target for american franchisors seeking to establish franchises in other countries.
Ostrovityanka [42]
Canada is by tar the most popular target for american franchisors seeking to establish franchises in other countries. Canada is a great market for franchisors because it's close/easy to travel to. They have a large market and are similar to the U.S. with their expansion and growth as an economy. 
8 0
3 years ago
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