Explanation:
an entrepreneur is always creative have ideas make best decision thinks before decision
Answer:
Normal goods
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.
Generic fruits and vegetables are inferior goods.
Inferior goods are goods whose demand falls when income rises and increases when income falls.
I hope my answer helps you
Answer:
Yes
Explanation:
Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs
The offerings of rival firms are essentially identical, standardized, commodity-like products.
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Explanation:</u></h3>
Strategy refers to the plans that are made and executed by a firm in achieving the objectives. Niche refers to the segment of customer that is being focused by a business in selling its products and services. When any company sells its products and services at a lower cost than its competitors then it will achieve success and also will survive in the market rivalry.
Differentiation refers to the process of selling the similar products at different prices to different consumers of different market. A strategy to overall low-cost provider of the industry tending to be more appealing when compared with the differentiation or best-cost or focus/market niche strategy when The offerings of rival firms are essentially identical, standardized, commodity-like products.
<span>Senior management is responsible for generating the high level project roadmap for the organization. This roadmap should include the voice of the customer and the voice of the field in order to prioritize features and functionality that best serve those interests in the market. This roadmap should include specific shortterm goals as well as longterm directions.</span>