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velikii [3]
2 years ago
14

What is the main difference between a generic market and a product market

Business
1 answer:
Yuri [45]2 years ago
7 0

Answer:

The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.

Explanation:

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2 years ago
U.S. businesses and those of other countries are seeking to expand around the world for many reasons. Which of the following is
Andrews [41]

Answer:

C

Explanation:

An increase in underdeveloped countries cannot be the reason why businesses would expand abroad because there wont be as much potential buyers in underdeveloped economies as they have very low capita income and most of the residents live in very poor conditions. But however other options are valid because favorable trade agreements and developed transportation and IT makes the international trade easy and beneficial to both the buyer and the seller. Moreover, when domestic markets matures, the rate of growth slows down and falls to zero. this is when the businesses want to emerge and find new markets abroad in order to benefit from the trade as in matured market there is less chance for businesses to grow and it becomes risky

4 0
3 years ago
Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
frez [133]

Answer:

B. It increased, but it less than doubled

Explanation:

Real GDP per person is defined as the total economic output divided by the total number of people. It is used in roughly indicating the standard of living.

An increased in the nominal GDP 3 times its formal will lead to a proportionate increase in the GDP per person statistics. But I was a noted that there was a 100% increase in population, meaning that population doubled. This indicates that the GDP per person increased but it less than double because of the population doubling in that period of time.

7 0
3 years ago
Read 2 more answers
2. Which of the following is most likely to raise a significant ethical issue? (select one).
zhannawk [14.2K]

Answer:

A Business School student looking at changes in structures of Small and Medium Sized Enterprises (SMEs) using publicly available information

Explanation:

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