anonymous
  • anonymous
Stuck please help?!! It was due 2 days ago Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain. (1-3 sentences. 2.0 points) Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (2-4 sentences. 3.0 points) Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (3-6 sentences. 3.0 points) Describe a nonprice competition strategy that you have seen a company use. Do you think this strategy was effective? Why or why not? (3-6 sentences. 3.0 points) If all other factors are equal, what is likely to happen to the supply of a product if the price goes up? Why? Explain. (3-6 sentences. 3.0 points) If all other factors are equal, what is likely to happen to the demand for a product if the price goes down? Why? Explain. (3-6 sentences. 3.0 points) Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why? (2-6 sentences. 3.0 points) List at least three examples of capital as a factor of production, and explain how it is different from land. (3-6 sentences. 3.0 points) How are industrial goods different from consumer goods? Explain. (2-4 sentences. 2.0 points)
Business Skills
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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anonymous
  • anonymous
Stuck please help?!! It was due 2 days ago Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain. (1-3 sentences. 2.0 points) Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (2-4 sentences. 3.0 points) Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (3-6 sentences. 3.0 points) Describe a nonprice competition strategy that you have seen a company use. Do you think this strategy was effective? Why or why not? (3-6 sentences. 3.0 points) If all other factors are equal, what is likely to happen to the supply of a product if the price goes up? Why? Explain. (3-6 sentences. 3.0 points) If all other factors are equal, what is likely to happen to the demand for a product if the price goes down? Why? Explain. (3-6 sentences. 3.0 points) Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why? (2-6 sentences. 3.0 points) List at least three examples of capital as a factor of production, and explain how it is different from land. (3-6 sentences. 3.0 points) How are industrial goods different from consumer goods? Explain. (2-4 sentences. 2.0 points)
Business Skills
katieb
  • katieb
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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