ECONOMICS
ENTREPRENEURS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
non-sales competition
|
|
|
sales competition
|
|
|
price competition
|
|
|
non-price competition
|
Detailed explanation-1: -An example of product differentiation is when a company emphasizes a characteristic of a new product to market that sets it apart from others already on the market.
Detailed explanation-2: -(a) Innovating Entrepreneurs: An innovating entrepreneur is one who introduces new goods, inaugurates new method of production, discovers new market and reorganizes the enterprise.
Detailed explanation-3: -Viral marketing is a technique that uses engaging content in the hopes that viewers will share it on their personal and social media networks.
Detailed explanation-4: -Product: The goods and/or services offered by a company to its customers. Price: The amount of money paid by customers to purchase the product. Place (or distribution): The activities that make the product available to consumers.
Detailed explanation-5: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022