what are the characteristics of a good market?
607735
['Size. The bigger the market size, the better.', 'Urgency. The more urgently people need the products in that market, the better. ... ', 'Speed to market. ... ', 'High pricing potential. ... ', 'Low cost of acquiring new customers. ... ', 'Low cost and ease of delivering. ... ', 'Uniqueness. ... ', 'Low upfront investment.']
1127319
['Very large numbers. Characteristics of perfectly competitive market. ... ', 'Standardized product. Characteristics of perfectly competitive market. ... ', 'No artificial restraints. ... ', 'Free entry and exit. ... ', 'Perfect information. ... ', 'Imperfect competition. ... ', 'Artificial barriers. ... ', 'Patent.']
341289
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals.
1180054
['Imperfect markets do not meet the rigorous standards of a hypothetical perfectly or purely competitive market.', 'They are characterized by having competition for market share, high barriers to entry and exit, different products and services, and a small number of buyers and sellers.']
830848
['Products being sold are identical.', 'All sellers are equal.', 'New companies can easily enter the market.', 'Consumers set the price of products by what they are willing to pay.']
95742
["Ability to Listen. A good salesperson needs to satisfy a client's needs. ... ", 'Empathy. A good salesperson knows how to feel what their customers feel. ... ', 'Hunger. These folks also have a need to sell that goes beyond the money. ... ', 'Competitiveness. ... ', 'Networking Ability. ... ', 'Confidence. ... ', 'Enthusiasm. ... ', 'Resiliency.']
75709
The characteristics of a perfectly competitive market include insignificant contributions from the producers, homogenous products, perfect information about products, no transaction costs, and no long-term economic profits.
158356
Economic market structures can be grouped into four categories: perfect competition, monopolistic competition, oligopoly, and monopoly. The categories differ because of the following characteristics: The number of producers is many in perfect and monopolistic competition, few in oligopoly, and one in monopoly.
98743
['Meets consumer needs and wants: ... ', 'Ensures organization survival, growth and reputation: ... ', 'Widens market: ... ', 'Adapting the right price: ... ', 'Better product offerings: ... ', 'Creates utility: ... ', 'Management of demand: ... ', 'Face competition:']
31790
What are the six major characteristics of a pure market economy? Private property, competition, profit incentive, united role of government, freedom of enterprise, and freedom of choice.
368871
['Nature and Size of Customers:', 'Complexity of Buying:', 'Economic and technical choice criteria:', 'Risks:', 'Buying to specific requirements:', 'Reciprocal buying:', 'Derived demand:', 'Negotiation:']
1423031
Economic Characteristics. The four economic characteristics of land that affect its value as a product in the marketplace are Scarcity, Improvements, Permanence of Investment, and Location or Area Preference.
859916
['Full-Day Hours of Operation. Most markets observed for this project are open all day. ... ', 'Accessible and Central Location. ... ', 'Protection from the Elements. ... ', 'Navigable Aisles. ... ', 'Broad Selection of Goods. ... ', 'Affordability. ... ', 'Safety. ... ', 'Prepared Food and Seating.']
1127153
['Clear Concept.', 'Expert market knowledge of the problem, size of the opportunity, etc.', 'Specific customer.', 'Specific market niche or solution.', 'C.O.R.E. ... ', 'Well-designed Operations (systems, processes, etc.)', 'Results (Goals, performance metrics, etc.)']
1414813
['No distress. Neither the seller nor the buyer is distressed. ... ', 'Adequate information and market exposure. ... ', 'Negotiated price.']
1452725
['Each firm is small relative to the market and has no influence on price.', 'Firms and products are substitutable.', 'Each consumer is small relative to the market and has no influence on price.', 'Perfect information about prices and quantities is available.', 'There is easy entry into and exit from the market.']
880936
['Nature of demand.', 'Degree of vertical integration.', 'Flexibility.', 'Degree of automation.', 'Quality level and degree of customer contact.']