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A company controls a industry product.. a contest for some prize, honor, or advantage.

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Presentation on theme: "A company controls a industry product.. a contest for some prize, honor, or advantage."— Presentation transcript:

1 A company controls a industry product.

2 a contest for some prize, honor, or advantage

3 Are the assets which an economy may have available to supply and produce goods and services to meet the need

4 A market condition that exists when there are few sellers.

5 A market situation in which there exists homogeneous product

6 Follow some guidelines set forth by the government to protect the public.

7 The natural wealth of a country, consisting of land, forests, mineral deposits, water

8 Goods that are themselves utilized in the production ofother goods r ather than being sold to consumers

9 Any person and their particular abilities and skills

10 A factor in a resource market under conditions of perfect competition is new.

11 To a market situation where two or more firms offer essentially the same good or service

12 Competition among the suppliers of different types of products that satisfy the same needs.

13 Intense competition in which competitors cut retail prices to gain business.

14 A marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of attribute.


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