What are fragmented markets and how do they affect a small business owner?
What will be an ideal response?
Fragmented markets are those markets in which no one competitor has a substantial share of the market. The means of compensation vary widely within the same market.
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Most of the customers in any business are buyers in the ordinary course of business
Indicate whether the statement is true or false
If you wish to make purchases that are charged against your checking account without writing a check you need to have a(n) ________
Fill in the blank(s) with the appropriate word(s).
The optimal economic order quantity depend on 1. the cost of carrying inventory 2. the cost of placing an order 3. the volume of sales?
A. ?1 and 2 B. ?1 and 3 C. ?2 and 3 D. ?1, 2, and 3
A 90-day note issued on April 10 matures on:
A) July 9. B) July 10. C) July 11. D) July 12. E) July 13.