BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A buyer’s market is one in which the supply of homes is abundant, houses take a relatively long time to sell, and home prices are flat or in decline.

Detailed explanation-2: -The buyer is respectful. A buying company that respects the seller is a desirable quality. Professionalism and clear communication are signs that the buyer wants the transaction to work. Buyers that use bullying or “going silent” as a tactic make it hard to bring a win-win attitude to the negotiating table.

Detailed explanation-3: -One of the most important characteristics of a market economy, also called a free enterprise economy, is the role of a limited government. Most economic decisions are made by buyers and sellers, not the government. A competitive market economy promotes the efficient use of its resources.

Detailed explanation-4: -: a situation in which many things of the same kind are for sale, prices are low, and buyers have an advantage over sellers-opposite seller’s market.