11/12/2019 0 Comments
1-page Marketing - Research Paper Example
For example, annual percentage growth rates of GDP at market prices based on the U.S dollars, in 2010-2014, was 2.2%.
Various factors and trends affect a company and this tend to bring some of the implications to the business such as state of the economy, technology, basic characteristics customers have in common like age and shifts in popular opinion which are strongly influenced by the media. Environmental issues also affect an industry in a great way. There has been a difference though in U.S in those three years as technology has progressed, there is access to distribution of channels, and also access of essential unique services.
While different companies have different products, they have to make them saleable in the face of current and potential competition, thus they need to evaluate ways to be attractive to the industry. For example, they should have unique products compared to other companies, so as to gain the buyer power also for the customers with the knowledge of new trends and emerging channels, which offers an opportunity to develop a competitive advantage of major purchasers in future years. For example, the U.S. percentage of the export of goods and services as from 2010-2014 was 13.5, which shows an improvement in its estimated share, thus the growth of the industry.
Feenstra, Robert C, Joseph E. Gagnon, and Michael Knetter. Market Share and Exchange Rate Pass-Through in World Automobile Trade. Cambridge (1050 Massachusetts Avenue, Cambridge, Mass. 02138: National Bureau of Economic Research, 1993. Internet
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