Answer:
Profitability
Explanation:
It is not enough that our target market is reachable, stable, cost-effective, and measurable. We also need to measure how profitable the market is. We know that our major aim of doing business is to make profit, therefore the profitability of the market must be measured as well.
Employment is the key factor for a country’s growth. For an example, if a person is unemployed and don’t have money to spend on his necessities. Such as, food, cloth, travelling etc. which means the companies who provide these goods and services will go in loss. because nobody has enough potential to buy it. which means goods demand will start to decline. Further, if we start import and export business than we have to pay extra money to get the same services. which will drop the value of currency.
Answer:
Hello audience, i am cool. i know hwere to go. introduce me to this scity
Explanation:
Answer:
b. both firms will reduce their price.
Explanation:
The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant
So as per the given situation, both the firm should decrease their price
hence the option b is correct
Answer:
licensing
Explanation:
Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.