Next, we will make a similar assessment calculation regarding industry. Suppose that the volume of CP in this industry is reduced by 10, i.e. from 110 to 100. Then the system of equations will take the form: x1 = 0.5 x1 + 0.2 x2 + 100 x2 = 0.4 x1 + 0.6 x2, then x1 […]
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The main forms of competition in the world market (price, non-price)
The presence of the basics of competitiveness in itself does not guarantee success in the world market. The firm needs an active struggle to maintain its position with the support of the nation-state. Usually, competition is reduced to two main forms: price and non-price, although this division is conditional. The company’s pricing strategy is aimed, […]