Competition
Not what you're looking for?
Suppose you ran the only bakery in town that was currently very profitable. What things might you consider if you wanted to ensure that you continued to enjoy the same success in the future? What might you do to head off competition?
Purchase this Solution
Solution Summary
Suppose you ran the only bakery in town that was currently very profitable. What things might you consider if you wanted to ensure that you continued to enjoy the same success in the future?
Solution Preview
I will try to remain competitive in terms of pricing and provide "full value of money" to my customers with innovative, high quality products ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
- "Thanks"
- "Thanks"
- "Very good! "
- "thanks"
- "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.