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Chapter 6 Discussion Question
Q Q. Give one example of a new business you have seen enter the marketplace and whether the business is unique, an imitator of existing firms, or producing a commodity.
• There are too many businesses going around in the market with almost perfect competition. Due to the world of digitization people around the world gets to know the market rate of a product or service within minutes or so. Be it through a call or through online research. With this huge scope of business and heavy competition, I am constantly watching over this business called online marketing. This is a platform that takes money to promote your business and reach the potential customers that you need and want according to the need of the business.