Status quo pricing objective de-emphasizes price and can lead to a climate of nonprice competition in an industry. Status quo—seeks to maintain a consistent level of profit made from a certain product by keeping your product pricing comparable to those of the same or similar items sold by your competitors in order to avoid beginning a price war.
The soft drink industry is an often used illustration of status quo pricing. Be it a Pepsi or a Coca-Cola product, the cost of a bottle of soda tends to be quite constant. Coca-Cola and Pepsi often represent the status quo in terms of pricing.
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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.
Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.
According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).
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B. Mutual-benefit organizations
Answer:
i'm only 16 but i know for a resume you need to add things you did in the past (any jobs you may have had in the past) and show how you would like to work. And to get a job you have to be 16 or 2 months before 16.
