How competition affects the market - 1.1.1
Competition - is where rival businesses in the same market try to win customers from each other.
Price - The value at which a product or service is offered to customers
Businesses can gain customers through using the price of their product or service, for example by offering a lower price for a product or service that is similar to that of a competing business.
Price - The value at which a product or service is offered to customers
Businesses can gain customers through using the price of their product or service, for example by offering a lower price for a product or service that is similar to that of a competing business.
Comments
Post a Comment