Reference no: EM13961021
Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how the firm operates relative to the characteristics of the market
respond to these to students post
Apple firm is a big competitive firm world wide like America, Japan and Europe. Apple values its high quality, high speed, and user friendly products for customers. Apple designs all of their phones from scratch they are geared to provide efficient performance. Apple has always focused on their product features, and in store buying process.
Going into an apple store is one the best experiences ever, they are always friendly and very knowledgeable of the products they sale. They take pride in innovative products, designing of the products , the graphics and networking experience, and marketing. Apple stays at least two years ahead of their competitors. Customers dont mind spending money on good quality products regardless of their prices. This is why I believe Apple is one of the top firms in the world.
A product I use frequently that I believe fits this example well is Monster energy drinks. Red Bull might be considered the most popular, but Monster has them beat on variety, value (a larger can costs the same or less), and quality (they taste much better in my opinion). It feels like every time I enter a convenience store, there is a new brand of energy drink up for sale, so the market is definitely easy to enter/exit. Red Bull spends the most on advertising by far, but I see just as many people drinking Monster these days.
They rely much more on word of mouth and promotional materials (most of you have probably seen people with Monster stickers on their vehicles).
|
Production economics and decisions
: From the scenario for Katrina's Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina's Candies should use for expans..
|
|
Determine the power dissipated in the 10 ohm resistor
: Determine the power dissipated in the 10 ohm resistor in both case (a) and case (b).
|
|
Develop an overview for a training program on diversity
: Develop an overview for a training program on diversity and inclusion for your organizations first line supervisors
|
|
Medicine begins her day with patients needing urgent care
: A practitioner of family medicine begins her day with five patients needing urgent care. She does a very brief assessment of what each patient appears to need and estimates the time required of each. None of the cases is life-threatening, and so she ..
|
|
Examine a perfectly competitive firm
: Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how the firm operates relative to the characteristics of the market
|
|
Find commercially available antibodies for immunoprecipit
: "It is more difficult to find commercially available antibodies for immunoprecipitation (that actually work), than antibodies for western blots. This company sells an antibody that works even for a native western blot - not a common technique.
|
|
Find r. round your answer to the nearest thousandth.
: Two resistors of resistance R_1 and R_2, with R_2>R_1, are connected to a voltage source with voltage V_0. When the resistors are connected in series, the current is I_s. When the resistors are connected in parallel, the current I_p from the sourc..
|
|
What advantages are there to critical thinking
: Watch the video titled This Is Water by David Foster Wallace. How would reason help you gain freedom in these situations? What advantages are there to critical thinking? What do you expect to gain from a course in logic
|
|
What is the total average inventory holding cost for a year
: Items purchased from a vendor cost $40 each, and the forecast for the next year’s demand is 1,000 units. It costs $10 every time an order is placed and inventory held has a 5% cost of capital. What is the total average inventory holding cost for a ye..
|