A mistake, such as a misspelled address, insufficient information, or improperly filled out forms, is one of the most common reasons for faulty or delayed delivery. Sometimes, especially when it's busy, the shop logs orders erroneously.
Do I have grounds to claim a late delivery?If a courier provider overshoots a delivery window, you are always entitled to compensation. But usually, it won't be as much as the actual loss suffered. Additionally, there is no guarantee that you will receive any money back.
Learn more about delayed delivery: https://brainly.com/question/29555753
#SPJ4
in 2008, zimbabwe ran out of locally produced coca cola and local coke bottlers were not able to import the concentrated syrup needed to make coke from the united states because they could not obtain u.s. dollars. a small amount of coke was imported from south africa, but a single bottle sold for around 15 billion zimbabwean dollars. zimbabwe was experiencing rapid increases in the price level, which is known as
Coke was imported in modest quantities from South Africa, but each bottle went for almost 400 million Zimbabwean dollars. Zimbabwe was undergoing deflation, which is the quick rise in price level.
In marketing, what does a price mean?Price. Price is the sum of money customers are willing to spend on a thing. Marketers must consider supplier costs, seasonal discounts, rival prices, and retail markup in addition to connecting the price to the device's actual and perceived value.
What are the costs and examples?A price is the amount of money that is (often not negatively) exchanged from one party to a different in exchange for their goods or services. The cost of manufacturing may go by another name in some circumstances.
To know more about Price visit :
https://brainly.com/question/3855972
#SPJ4
A firm can fund an expansion of its operations bySelect one:A. buying stock.B. loaning money.C. paying dividends.D. issuing bonds.Use the table below to answer questions 2 and 3
Question 2What is the growth rate of real GDP from 2019 to 2020?Select one:a. -1.86%b. -1.90%c. 4.72%d. 4.38%e. 1.56%Clear my choiceQuestion 3What is the average annual growth rate from 2017 to 2020?Select one:a. 1.10%b. 1.47%c. -0.32%d. -0.43%e. 0.92%
1-A firm can fund an expansion of its operations by Select one Loaning money, 2-The growth rate of real GDP from 2019 to 2020 is -1.86%,3-the average annual growth rate from 2017 to 2020 is 1.10%.
The firm can expand its operation by taking funds from loaning money from banks after expansion the profit will repay the loan. The growth rate of real GDP from 2019 to 2020 is -1.86%the growth rate of real GDP from 2019 to 2020,growth rate = ( (Real GDP 2020 - Real GDP 2019)/(Real GDP 2020) )*100,Growth rate = ((10020 - 10210)/(10210))*100 = ((-190)/(10210))*100 = -0.01860*100 = -1.86%. growth rate = ( (Real GDP 2020 - Real GDP 2019)/(Real GDP 2020) )*100.Annual Average Growth rate = sum(annual growth rate)/number of years,Annual Average Growth rate = (4.4195)/4 = 1.10%
The organization can increase its transactions by taking out a bank loan and putting the income to repay the loan. When money is offered to some other party in return for reimbursement of the original loan plus the interest, this is did refer to as a loan. Before making a loan deal, banks will take into account a prospective borrower's income, credit score, and public debt. Growth rates are used to express a variable's annual change as a fraction. A variable with a positive growth rate is increasing over time.
Learn more about growth rate here:
https://brainly.com/question/12490064
#SPJ4
What it means for an organisation to be an integral part of society?
Organizations play a crucial role in society by bringing people together to work toward a common objective. It results in the distribution and wise use of resources, connecting millions of individuals to them either directly or indirectly.
In order to raise the caliber of the goods and services offered, it fosters employment possibilities and preserves competitiveness in each industry. It keeps the money moving through the market. Business is essential to modern civilization. This is due to the fact that business raises people's standards of living by offering better-quality, a wide range of goods, and services at the appropriate time and location. Additionally, company offers chances to work and support oneself.
For more information on business and society, refer to:
https://brainly.com/question/28099842
#SPJ4
Identify the expanded accounting equation from the options below. O Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses O Assets + Liabilities - Common Stock + Revenues - Expenses - Dividends O Assets = Liabilities - Common Stock + Revenues - Expenses - Dividends
The expanded accounting equation is Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses.
We know that, basic accounting equation is
Assets = Liabilities + Equity
and,
Equity is Capital plus Retained earnings while Retained earnings is Revenue minus Expenses minus Dividend
so, we can combine these formula, the we get
Assets = Liabilities + Capital + Revenue - Expenses - Dividend
that can be write as
Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses.
The assets of the business are originally equal to the owner's contribution since we view the business as a separate legal entity from the owner.
When the corporation can no longer expand solely on the basis of equity, we then borrow money from other sources, and assets equal liabilities plus equity.
The net result of business activities is profit or loss, which either increases equity or decreases equity. Revenues come in and costs go out.
Learn more about expanded accounting equation at https://brainly.com/question/15386698
#SPJ4
a portfolio that has 15 - 20 percent invested in stock would be indicative of a(n) portfolio. a. aggressive b. bond c. cash d. conservative e. very aggressive
d. A portfolio that has 15 - 20 percent invested in stock would be indicative of a conservative portfolio.
A conservative portfolio is one that is focused on preserving capital rather than seeking to maximize returns. A conservative portfolio typically allocates 15-20% of its assets to stocks, with the remainder allocated to more conservative investments such as bonds, cash, and other fixed-income securities.
The risk associated with stocks is seen as too great for a conservative portfolio, so it is allocated a smaller portion of the portfolio. Stocks are seen as riskier because their prices can fluctuate more significantly than the more stable investments found in a conservative portfolio.
For more questions like Portfolio click the link below:
https://brainly.com/question/3295653
#SPJ4
What are 3 skills that are important for a successful group discussion?
Verbal communication, nonverbal behavior, conformity to norms, decision-making capacity, and cooperation are the components that make up a GD. You should try to be as true to these aspects as you can.
What are the three Cs of group conversation?Clarity (the main points to be discussed), content (the vertical depth in each point), and confidence are the three "Cs" that rank you highly on this parameter.
Which three kinds of group discussion are there?The following subcategories can be added to the topic-based Group Discussion: Dubious Themes. Subjects based on knowledge Topics in a nutshell.
What is the most critical component of a productive discussion?Learning the art of participation is the first and most important advice for achieving success in a group discussion. You shouldn't expect other people to make you speak. Take charge, contribute to the discussion, and share your thoughts with the group. In a group discussion, you should never shout and always wait for your turn to speak.
To learn more about Verbal communication here:
https://brainly.com/question/1009216
#SPJ4
in the discounted cash flow model (aka. dividend valuation model) for cost of equity, if an asset has no expected dividend, its expected return would be best described as the
A method of valuation known as "discounted cash flow" (DCF) establishes the value of an investment based on its anticipated future cash flows.
Uses of discounted cash flow:DCF analysis aims to assess the value of an investment today by using projections of how much money an investment will generate in the future.It can aid those who are trying to decide whether to purchase securities or a firm. Business owners and managers can use discounted cash flow analysis to help them make decisions about operational and capital budgets.The value of an investment is ascertained using discounted cash flow analysis using the investment's projected cash flows.The projected discount rate is used to calculate the present value of anticipated future cash flows.If the DCF is more than the investment's current cost, the opportunity may yield profits and be worthwhile.Because it takes into consideration the rate of return anticipated by shareholders, businesses frequently utilize the weighted average cost of capital (WACC) as the discount rate.The fact that DCF relies on potentially erroneous future cash flow projections is a drawback.To learn more about weighted average cost of capital referhttps://brainly.com/question/15301026
#SPJ4
What are the 4 values in agile?
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Proponents of Agile methodologies say the four qualities framed in the Agile Manifesto advance a product improvement process that spotlights on quality by making items that address shoppers' issues and assumptions.
The 12 standards are expected to establish and uphold a workplace that is centered around the client, that adjusts to business targets and that can answer and turn rapidly as need might arise and market influences change.
The four basic values of Agile software development as expressed by the Agile Manifesto are:
people and collaborations over cycles and apparatuses;working programming over thorough documentation;client coordinated effort over agreement discussion; and.answering change over sticking to the script.Know more about the values of agile - https://brainly.com/question/29782063
#SPJ4
What consideration should researchers take into account?
Voluntary involvement, informed consent, anonymity, secrecy, risk of damage, and results communication are some of these guiding concepts.
What does voluntarily taking part in ethical considerations mean?All research participants must opt to engage voluntarily, free from any pressure or compulsion. Everyone who is enrolled in the study has the option to stop at any time without feeling obligated to continue.
What is the proper way to phrase voluntary research participation?I am aware that my participation is entirely optional and that I am free to end it whenever I want, free of charge and without having to give a reason. I am aware that this consent form will be given to me in duplicate. I willingly consent to participate in this research.
To know more about Voluntary involvement visit:
https://brainly.com/question/12697406
#SPJ4
Explicit costs Multiple Choice
O Include only payments to labor.
O Are the dollar payments made for the use of resources.
O Include the market value of all resources used to produce a good.
O Are the total value of resources used to produce a good but for which no monetary payment is made.
Explicit costs Include the market value of all resources used to produce a good.
Explicit costs are regular business expenses that are recorded in the general ledger of a firm and have a direct impact on its profitability. They have specific monetary values that are carried over to the income statement. Wages, leasing payments, utilities, raw materials, and other direct costs are a few examples of explicit costs.
When developing long-term strategic goals for a business or just gauging its profitability, explicit cost might be useful. Understanding how this metric differs from implicit costs will help you comprehend, define, and determine the overall economic cost.
To learn more about cost refer here:
https://brainly.com/question/29830384
#SPJ4
What are the 10 benefits of insurance?
These are 10 benefits of insurance which include different types of insurance: restoration of lost income after years of wages, elimination of your mortgage.
Some more are:
settling other debts, including credit card, student, and auto loansfinancing your children's college educationassisting with other responsibilities, such as taking care of elderly parentsUsually, less expensiveand easier to comprehend because it is only an insurance productFind out before you buy whether it can be converted to a whole-life policy.You won't lose anything more than the already-paid premiums if you decide you no longer need it or can't afford coverage.Contains a crucial saving component called cash value that you can borrow against or withdraw from.Learn more about insurance here brainly.com/question/27822778
#SPJ4
theodore purchased a vintage painting worth $480 from an art dealer. the dealer estimated that the value of the painting will increase by 12 percent per year. if the art dealer is correct and theodore sells the painting in 15 years, how much should he ask for it? explain.
The painting's value will increase by 12% per year. If Theodore decides to sell this same painting throughout 15 years, he must tell $ 1080 for it.
Who is referred to as a dealer?
Dealers are individuals or businesses who purchase and sell securities on their own behalf, whether thru a real estate agent or otherwise. A dealer trades on its own account as compared to a broker, who behaves as an agent and implements commands on behalf of their customers.
What does the term "dealer" mean in business?
A dealer is a person who buys an item for their company, stocks it, and then sells it off the shelf. They act as a go-between for the distributor as well as the customer.
To know more about Dealer visit:
https://brainly.com/question/14615916
#SPJ4
the daily demand for a particular item at a hardware store is normally distributed, with an average of 200 and a standard deviation of 12 units. the store manager is willing to accept a 9% risk of stockout during the lead time, which is constant at 5 days. write your final answer only (without intermediate steps) for the fill-in-the-blank questions.
The shop manager's desired service level is 91%
What is Lead time?The delay between the start of a procedure and its conclusion is known as a lead time. For instance, the lead time from placing an order and receiving a new automobile from a certain manufacturer might range from 2 weeks to 6 months, based on a variety of specifics.
Lead time is the time of time from the beginning of a procedure to its completion. In the pre-processing, processed, and post-processing stages of the manufacturing, supply chain, and management processes, businesses evaluate lead times. The delay here between start of a procedure andits conclusion is known as a lead time.
The shop manager's desired service level is computed as follows:
R = Stock out risk = 9 %
SL = Service Level = 1 - R
= 100 - 9
= 91%
To know more about Lead time, visit:
https://brainly.com/question/15041800
#SPJ4
when people purchase groceries or household goods in most states, they pay an additional percent of the subtotal. what kind of tax are they paying?
when people purchase groceries or household goods in most states, they pay an additional percent of the subtotal.They are paying sales tax.
The indirect tax imposed on selling and purchasing of goods within states is referred to as Sales Tax. It is an additional amount paid over and above the base value of the product being purchased. This tax, usually imposed on the seller by the government, enables the seller to recover the tax from the purchaser.
It is given in the question that sales tax is calculated as a percentage of the sales price. To calculate the sales tax on any item we will calculate the percentage of the cost.
Suppose the cost of the clothing = $180 and sales tax is 6%
Therefore, sales tax on the clothing = 6% of $180
= 0.06 × 180
= $10.80
To learn more on Sales Tax, visit;
https://brainly.com/question/1811849
#SPJ4
What do you call the process of making a new product to be sold to the customers?
The process of launching new goods or services on the market is known as commercialization.
Briefing:-Production, distribution, marketing, sales, customer support, and other crucial tasks essential to the commercial success of the new good or service are included in the broader act of commercialization.
What do you refer to the creation of a new product as?You should say "product development." Explanation: Making a new product to sell to clients is done through the new product development process.
What is the procedure for developing new goods or services that businesses can sell?The stages of the product development process are ideation, research, planning, prototype, sourcing, costing, and commercialization, albeit they vary depending on the industry. Bring your own product concept to market using the development framework listed below.
To Know more about framework
https://brainly.com/question/29584238
#SPJ4
If a country has an absolute advantage in every good, then?
Trade can still be advantageous to both parties even when one country has a definite edge in all products. Absolute This is due to the fact that trading profits are obtained by specializing in one's comparative advantage.
Absolute advantage merely contrasts a worker's productivity across nations. How many inputs are required to create shoes in by this. A slightly different version of this question is posed by comparative advantage. It asks instead, absolute According to the comparative advantage concept, a representative will produce more of and consume less of a good for which they have a comparative advantage under free trade. Comparative advantage is the economic reality that shows how the amount of work people or nations do as a result of trade has increased over time.
learn more about absolute advantage here:
https://brainly.com/question/13055497
#SPJ4
1. refers to a strong emotional bond employees have to their organization that makes them feel actively involved and committed to their work. a. Employee involvement b. Employee (workforce) engagement c. Workforce management d. Job enrichment 2. refers to any activity by which employees participate in work-related decisions and improvement activities, with the objectives of tapping the creative energies of all employees and improving their motivation. a. Employee involvement b. Employee engagement c. Workforce management d. Job enrichment 3._represents the highest level of engagement. a. Employee participation b. Enlargement c. Enrichment d. Empowerment 4. refers to giving people authority to do whatever is necessary to satisfy customers, and trusting employees to make the right choices without waiting for management approval. a. Employee involvement b. Engagement c. Empowerment d. Job rotation
Employee involvement is the process of allowing employees to give their opinion on decisions that affect their work. This could be done through company meetings, committees, and so on. Employees have more control over their work and workplace when they participate in decision-making.Employee involvement is the process of allowing employees to give their opinion on decisions that affect their work. This could be done through company meetings, committees, and so on. Employees have more control over their work and workplace when they participate in decision-making.
Employee engagement Is the involvement and enthusiasm of employees in their work and workplace. Employee engagement helps you measure and manage employees' perspectives on the crucial elements of your workplace culture.
Consider learning more about the topic here-
https://brainly.com/question/15578319
#SPJ4
What is a good sentence for birth?
Twins were born to her. "Let's make the baby's birth public." "We are looking forward to the arrival of our daughter." "My mum was present when our first child was born."
A birth is the moment a child exits its mother's body and enters the world. The system has undergone substantial fine-tuning since 1837, and occasionally new laws and regulations have been enacted. Birth registration wasn't mandatory until 1874, despite the fact that civil registration had been started in 1837. The country of birth is the one in which birth actually takes place, while the USA is the nationality for US citizens born abroad who are given US citizenship at birth. The name of the location where person was born is their place of birth. The location is indicated by the geographic limits in force at the time.
Learn more about birth from
brainly.com/question/19578851
#SPJ4
Twins were born to her. "Let's make the baby's birth public." "We are looking forward to the arrival of our daughter." "My mum was present when our first child was born."
A birth is the moment a child exits its mother's body and enters the world. The system has undergone substantial fine-tuning since 1837, and occasionally new laws and regulations have been enacted. Birth registration wasn't mandatory until 1874, despite the fact that civil registration had been started in 1837. The country of birth is the one in which birth actually takes place, while the USA is the nationality for US citizens born abroad who are given US citizenship at birth. The name of the location where person was born is their place of birth. The location is indicated by the geographic limits in force at the time.
Learn more about birth from
brainly.com/question/19578851
#SPJ4
What are the 4 most used taxes?
The four most used tax bases are individual income, corporate income, sales, and property.
Which three tax types are there?A tax that levies a higher percentage of revenue from high-income groups than from low-income groups is referred to as a progressive tax. A proportionate tax is one that deducts the same amount from each income group. Regressive taxes are those that take a greater portion of low-income groups' income than they do from high-income groups.
What kind of tax is ideal?The progressive tax has always been favored in the United States. Progressive tax systems have graduated tax rates that impose greater percentages of income taxes on people with higher earnings while offering the lowest rates to people with lower incomes.
To know more about tax visit :
https://brainly.com/question/16423331
#SPJ4
What are the 4 indicators of economic growth?
Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).
, According to the question:
There are indicators of economic growth are as follows:
Economic indicators include measures of macroeconomic performance (gross domestic product [GDP], consumption, investment, and international trade) and stability (central government budgets, prices, the money supply, and the balance of payments).
Let's know:
What is Economic Growth?
Economic growth describes an increase in the quantity and quality of the economic goods and services that a society produces and consumes. While the definition of economic growth is straightforward, it is extremely difficult to measure it.
Learn more about Economic Growth at:
https://brainly.com/question/13795445
#SPJ4
g which of the following is true regarding corporations other than s corporations? select one: a. a corporation may not be sued. b. the corporation must pay taxes on profits, and shareholders must pay taxes on dividends they receive from the corporation. c. shareholders may typically be held liable for debts of the corporation. d. a corporation is not a separate legal entity.
The truth regarding corporations other than s corporations is that the corporation must pay taxes on profits, and shareholders must pay taxes on dividends they receive from the corporation. Option B
What is a corporation?A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes. Early corporations were created with a charter. The majority of governments currently permit the registration of new corporations.
An organization called a corporation is one whose shareholders choose a board of directors to manage its operations.
Read more on corporations here:https://brainly.com/question/25787830
#SPJ1
How does the Accenture myNav green cloud integrate sustainability?
The Accenture myNav green cloud integrates sustainability by estimating carbon emission reductions and sustainability index improvements.
It will also assist you in understanding how your Green Cloud consultant will achieve that goal.
You work as a consultant for green clouds.
You're using the cloud to monitor climate change, and it may or may not be included in the global climate change monitor.
This is where environmental managers come in. Green managers are people who understand what ecosystems are doing to affect climate change. They understand the impact of global environmental differences and the biological world.
Unless it's their data set, this person can't discern the difference between global warming and a greenhouse gas reduction objective.
Learn more about myNav here brainly.com/question/25599792
#SPJ4
A company using a team of people from marketing, human resources, and operations to develop a new service offering is
A. practicing cross-functional decision making. B. supporting functional silo development. C. better off allowing marketing to design the new service. D. none of the above
Key elements/events that should be monitored in the firm's external environment include all of the following except:
A. political events B. economic events C. social trends D. customer preference E. all of them should be monitored
Challenges facing operations and supply chain managers signify that
A. More emphasis should be placed in manufacturing than in service industries B. Operations decisions should precede decisions in other functions in an organization C. Every operation should be externally directed to meet the customers' requirements D. In be competitive, strategies for operations should have a narrow focus such as consideration of effects of industry changes only
A company using a team of people from marketing, human resources, and operations to develop a new service offering is practicing cross-functional decision making
cross-functional decision-making when a team is formed with a representative from each functional department. Together, they coordinate, take part in, and provide input at the many phases, resulting in the production and release of a better product. For this cross-functional team, it's crucial to establish goals, resolve disagreements quickly, and offer managerial assistance. We refer to the decision-making procedure when each cross-functional team member makes each important choice exactly once, in a preset order.
Although more discussion among the members of the cross-functional team may be required Because the goods are typically either too complex or time-sensitive to engage in talks, ordering the team members to make decisions is helpful in enhancing the solution.
Learn more about cross-functional decision-making here: https://brainly.com/question/7628770
#SPJ4
Fashion Design - what are the 3 influences on fashion??
The three influences are social, economic, and technological.
Fashion design is the art of creating clothing and accessories that are aesthetically pleasing and functional. It takes into account the current trends and cultural influences as well as the tastes of the customer.
The three main influences on fashion are:
1. Social Influences: This refers to how fashion is shaped by the social and cultural values of the time. Trends can be influenced by events, celebrities, and even political movements.
2. Economic Influences: The economy has a significant impact on fashion trends. When the economy is strong, people are more likely to spend money on expensive, luxurious items. On the other hand, when the economy is weak, people may be more likely to buy budget-friendly items.
3. Technology Influences: Technology has greatly impacted the fashion industry. From the advancements in textiles to the ability to produce clothing quickly, technology has enabled fashion designers to create new and innovative styles. Technology has also allowed for recent trends to be quickly disseminated to a global audience.
Learn more about Fashion design:
brainly.com/question/27762403
Do most people take standard deduction or itemize?
Most people take the standard deduction. According to the Internal Revenue Service, approximately 70% of taxpayers take the standard deduction.
What is standard deduction or itemize?Standard deduction is a set amount that individuals and couples can subtract from their taxable income. It eliminates the need to itemize deductions, which involves listing out and totaling up your eligible expenses. The amount of the standard deduction is determined by filing status and is adjusted annually for inflation. Itemizing deductions involves listing out each individual eligible deduction and totaling up the amount. This includes deductions for state and local income taxes, mortgage interest, charitable contributions, qualified medical expenses, and more. Itemizing is beneficial if the total of your eligible deductions is greater than the standard deduction amount.For example, if you are single and had $14,000 in eligible deductions, you would want to itemize your deductions instead of taking the standard deduction of $12,550. That way, you could deduct the full amount of $14,000 rather than the lower amount of $12,550.To learn more about standard deduction refer to:
https://brainly.com/question/28320846
#SPJ4
How many types of price controls are there?
There are two types of price controls. Price ceilings and price floors.
The highest price that the government has approved for a certain good or service, permitting the seller to charge, is referred to as the "price ceiling." A price ceiling situation is common in markets with high demand and limited supply for goods and services. As a result, the maximum price established by the government is often lower than the price at which everything is in balance.
In contrast to a price ceiling, a price floor refers to the government determining the lowest permissible cost of a certain good or service. If the price floor is created, a client will not be able to buy the items for less than the price floor in a normal setting. It ensures the protection of the makers against adverse circumstances, such as low demand.
Learn more about price control at
https://brainly.com/question/1150883?referrer=searchResults
#SPJ4
which of the following questions could not be answered from the statement of cash flows? multiple choice question. what are the earnings-per-share of common stock? can the company pay its debts? where does a company spend its cash? does the company have the resources to pursue opportunities?
The following questions could not be answered from the statement of cash flows is the what are the earnings-per-share of common stock.
What is a statement of cash flows?In accounting, a statement of cash flows refers to a financial statement that provides an aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources.
This statement also includes all cash outflows that pay for business activities and investments during a given period.
It breaks down analysis to investing, operating and financing events. It covers up current operating results and accompanying changes in the statement of financial position or balance sheet.
Learn more about the Cash flow here:
https://brainly.com/question/29728363
#SPJ1
What are the five integral parts of research?
The five integral parts of research are introduction, review of Literature, methods, results, and discussion.
A complete research paper which is in the APA style is seen to be reporting on experimental research which will thus typically contain a title page, the abstract, introduction, review of Literature, discussion, methods, results, and References sections.
However, literature review is considered to be an integral part of the research as its purpose is to provide foundation of knowledge on topic. Thus, here the primary motive of research reports is to convey the integral details.
Hence, the research reports are quite useful as it provides information.
To learn more about the research here:
https://brainly.com/question/18723483
#SPJ4
price competition occurs when a seller emphasizes the
Price competition highlights the primary product difference as price. Prices regularly change, and merchants aggressively compete for customers' business.
What is the Price Competition?Price competition is "commercial rivalry characterized by persistently lowering prices below those of rivals." When one rival lowers its price, others follow suit and do the same. A new round of price cuts will begin if any of them lowers their prices once more.
Price competition refers to the scenario in which businesses attempt to undercut the cost of comparable goods and services offered by rival businesses: Margin reductions are the outcome of fierce price rivalry in mind as well as large-sized markets.
Learn more about the Price Competition here:
https://brainly.com/question/12230194
#SPJ1
What are the 4 types of entrepreneurship development?
Small businesses, scalable startups, large companies or intrapreneurship, and social entrepreneurship are the four subtypes of entrepreneurship.
What do you mean by Entrepreneurship Development?Entrepreneurship development is essentially the process of enhancing an entrepreneur's skill set and expertise. This can be accomplished via a variety of techniques, such as classroom lessons or training programs created specifically to improve entrepreneurial aptitude. Another way to define this concept is the process of improving one's ability to plan, coordinate, and manage a business initiative while taking into account the risks involved. Helping entrepreneurs enhance their abilities through training and use of that training is the essence of the entrepreneurship development process. It teaches them how to make wiser decisions in their day-to-day commercial dealings.
To know more about Entrepreneurship visit: brainly.com/question/29978330
#SPJ4