Aggregate demand is a schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each possible price level.
<h3>What is Aggregate demand?</h3>
- Refers to the summation of goods and services that an economy produced at an available price.
- Aggregate demand is concerned with the finished goods in an economy
- Government expnses on education funding for example increases aggregate demand.
Hence, we can conclude that aggregate demand is a schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each possible price level.
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Answer:
Mass Customization.
Explanation:
This a part of marketing strategy or factor that allows a customer to design certain features of a product while still keeping costs closer to that of mass produced products.
Mass customization is also a process of delivering wide market goods and services which are modified to satisfy a specific customer's need. Mass customization is a marketing and manufacturing technique which combines the flexibility and personalization of custom made products with the low unit costs associated with mass production.
Answer:
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Rivalry between competitors
- Bargaining power of suppliers
- Bargaining power of customers
- Threat of new competitors
Explanation:
The factors chosen to identify whether or not a sector presents a good business opportunity for a company, were the strengths of Porter, who analyzes the micro and macro environment to determine whether a company can be competitive in the market.
The rivalry between competitors is an essential factor to measure the degree of opportunity for a business to be successful, as this factor will determine different variables among competitors of similar products in the market, such as the strength of the brand, the demand for your product, etc. in order to measure how this factor will directly impact your business.
The bargaining power of suppliers implies the bargaining power of the supplier with the company, being able to provide favorable or unfavorable conditions to a business, such as price, delivery time, quality, etc.
The bargaining power of buyers means measuring and monitoring how your product will have a positive or negative weight on the customer and which affects the volume of purchases, the possibility of the customer negotiating with the company, etc.
And the threat of new competitors concerns new competitors that can enter the market and directly impact their business, for this the barriers to entry such as legislation, high entry capital, etc. should be analyzed.
B, to avoid potential liability issues
Project GLOBE, would rank Taryn's organization as high in the cultural dimension of assertiveness.
This cultural dimension of the company portrays an organization that encourages competitiveness and confrontation between employee relationships, being a performance-oriented organization.
Therefore, assertiveness in an organizational culture can be advantageous, as it encourages greater exposure of ideas and opinions, in an honest and direct way, which can:
- increase creativity and innovation.
- make the decision-making process more objective and faster.
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