In markets where competition is very intense, companies are not able to keep on competing in prices forever, as at some point their cost structures prevents sucessive price lowerings. Therefore, companies are forced to use alternative strategies to defeat their competitors and to attract larger shares of consumers to demand their products.
<u>Companies need to become more efficient in production and to introduce innovations</u>. An example of an efficiency increase is to produce at the same cost, maintaining the same market price but delivering a higher-quality product, that includes, for instance, a better packaging. This new feature has been achieved through the implementation of a new tecnique in the production process (ex: new materials for the packaging) together with an innovative and sucessful marketing campaign.
Answer:
Robert Nozick entitlement theory is a theory of justice.
Explanation:
According to Nozick, the important part is how people got what they have. The result of the distribution of goods is not essential.The three basic principles of Nozick 's theory are:-
1. A 'principle of justice' in 'acquisition':- According to this, this is justification of how people own the common property.
2. A 'principle of justice' in 'transfer':- In this principle it is explained how one can acquire assets from another including gifts .
3. A 'principle of rectification' of 'injustice':- This principle explains that if there are any assets that are acquired unfairly, how can victim request for justice, how can it be rectified.
These principles are closely aligned with 'libertarian theory'.
Because one's gonna get over what happened on the other isn't
Answer:
A - GPS
Explanation:
GPS lets u know where u and locations are