A business that sells watches that are more inexpensive than the watches a competitor sells is using which type of competition? (0.5 points) Price competition. 4. What is a monopoly? (0.5 points) When one company controls an entire area of goods or services, so that customers don’t have other choices.
However, that market is high competitive and almost commodity-like. Company A would need to consider reducing its labor force or even moving its operation to low cost-region in order to be competitive in the iPod/iPhone headphone market. Another new customer group is the people who use noise-cancellation headphones. There are limited players in this market. Also, the quality of noise cancellation headphones vary a lot and the customers are willing to pay higher price for good product.
6. What is self awareness? (0.5 points) Self awareness is the knowledge of who you are as an individual. Lesson 2 (3.0 points) 1. What are consumer motives?
(0.5 points) Anything pleasing or good about a thing 4. What are benefits? (0.5 points)
What is income? (0.5 points) is money that you earn or receive. 4. What is a projection? (0.5 points) is a guess or estimate about what something will be like in the future 5.
Cell phones that have limited coverage areas aren't dependable. As long as your using your phone in a large city that has plenty of cell phone towers it should work correctly. However, this isn't always the case, there are plenty of ways the radio signals can be disturbed or blocked, especially if you are too far away from a tower. So, one of the cons of using a cell phone instead of a landline is, they are less dependable. A huge perk of having a landline phones is that it works everywhere, but cell phones don’t always work whether it be because of coverage issues or other problems.
Lesson 2 (3.0 points) 1. What is investing? (0.5 points) When you give your money, time, or energy to something in order to get a reward in the future. 2. What is financial risk?
What is financial risk? (0.5 points) possablity to lose money. What is diversification? (0.5 points) Spreading investments What is risk tolerance? (0.5 points) the amount of risk you can handle.
The net sales also increased from year 14 to year 17 ending at $7,115,112. This showed to be very profitable with trend percentages at 103.7%. A2) There are certain risks a banker might be concerned with. Over the years the advertising expenses have increased from $243,000 to $255,600. The increase in advertising can be helping with increase in net sales which has also increased from 46,520,500 in year 12 to $6,858,600 in year 14.
(HP tried a similar strategy when it offered customers 50GB free storage on Box.net.) And Epps even imagines some could offer more innovative broadband models, like purchasing surfing time on an hourly or daily basis, rather than by contract or a monthly plan. The idea, simply, is to introduce more diversity into an ecosystem filled with poor iPad knockoffs. Now, it's clear that no tablet can match Apple's iPad at competitve or even slightly discounted prices--all have tried, and all have failed. (Samsung Galaxy Tab, Toshiba Thrive, HP TouchPad, BlackBerry Playbook--the list goes on.)