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CONSIDERATIONS ON THE CONCEPT OF COMPETITION
CONSIDERATIONS ON THE CONCEPT OF COMPETITION

... Competition functions are the following3: 1. Facilitate autonomous adjustment of supply and demand in all areas of economic activity. The competition stimulates concerns for the growth, diversification, and quality improvement supply of goods, to adapt it to dynamic market requirements. On offer d ...
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... especially useful when the business plans to introduce new product/service, venture into a new market, or even introduce a new strategy. Fundamentally, it functions as a map that sets the direction for the firm. A marketing plan is part of business plan that is presented to potential investors and c ...
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... managers make in configuring their offerings to suit consumers’ needs. The idea of the marketing mix is the same idea as when mixing a cake. A baker will alter the proportions of ingredients in a cake depending on the type of cake he or she wishes to bake. The proportions in the marketing mix can be ...
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... Marketing Strategy  Marketing Strategy is the answer to the question: How will we provide superior customer value to our target market?  This requires the formulation of a consistent marketing mix, which includes the 1. Product 2. Price 3. Communications 4. Distribution, and 5. Services ...
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Marijuana Marketing Strategies that Build Brand Equity

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... Production data will be essential Selenium levels in products as function of selenium level in soils, et al.  Variability in selenium in soils and selenium uptake by product [what we have; what the market will accommodate]  Are there particular species or type(s) of animals, or varieties of grains ...
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Pricing strategies

A business can use a variety of pricing strategies when selling a product or service. The price can be set to maximize profitability for each unit sold or from the market overall. It can be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market. Businesses may benefit from lowering or raising prices, depending on the needs and behaviors of customers and clients in the particular market. Finding the right pricing strategy is an important element in running a successful business.
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