Explain price of substitutes products and its indicators
Explain the price of substitutes and indicators of substitute products.
Expert
As a ruling, the lower the price of substitutes, the higher their performance and quality, and the lower the user’s switching costs, the more strong the competitive pressures pretense by substitute products.
Good indicators of the competitive strength of the substitute products are the rate at which their profits and sales are increasing, the market inroads they are making, and their plans for the expanding production capacity.
Mechanism of organisation in perceptual process?
Discus the 'single cause error' and the 'single solution error' in your own words and give relevant examples.
Who are the main participants in the business buying procedure? Briefly illustrate it.
How is real commitment to a strategy of social responsibility illustrated?
A patient comes to your office and complains of pain in their joints. The pain is stable, regardless of movement, but comes and goes in waves. The patient has no history of fractures or joint damage and arthritis testing is negative. How do you proceed? What do the symptoms suggest? On the basis of
Define the Key Concept of Economies of scope.
What do you understand by the word Organizational chart?
How can backward vertical integration generate differentiation-based competitive benefit?
What are the five areas of Five-Force Model of Competition?
What do you understand by the term Decision Making?
18,76,764
1959972 Asked
3,689
Active Tutors
1434667
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!