Business and Economics Revision
Thursday, 15 December 2011
How can a market be measured?
- Number of products
- Competitors
- Numbers of sale
- deduction costs
-Overhead costs
- Wages
- Demand
-Running costs
- Current situation of economy
http://tutor2u.net/business/marketing/market_analysis_marketshare_measuring.asp
What is different between a geographical and non-geographical market
Geographical
- Able to meet with client face to face, business done when in their presence
Non-geographical
- Computerised communications
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