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- How does the company set its goods or services apartfrom those of its competitors? Does the company compete on price, quality, service, innovation, or some otherattribute?Imagine that you own your business. It does not need to be the same as in other questions, youare allowed to pick a different firm or product.a.Think about your production process. Please explain the technology that youuse in the production process.b.How do you think the technology that you use, affects the market structureand/or the demand of your product? Note that this question is NOT about howtechnology affects your production process, therefore, NOT about productivity, NOTabout the cost structure.a. Why Business Should Be Listed in Google My Businessb. How to Dominate Local Search c. A Comprehensive Guide to Local SEO
- What are the environment in which business operates?Imagine that you own your business. a) Think about your production process. Please explain the technology that you use in the production process. b) How do you think the technology that you use, affects the market structure and/or the demand of your product?What is the difference between a for profit and nonprofit business?
- How is building a brand in a business-to-business context different from doing so in the consumer market?This business deals with creation or production of goods like tables, chairs, and cabinets. A.Corn Farming B.Furniture Marketing C.Hog Raising D.Poultry FarmingDon't not use Al How businesses interact in various market structures (perfect competition, monopoly, etc. ) affecting prices and consumer choices.
