Services Marketing

Running head : A DISCUSSION OF THE IMPORTANCE OF descry out THEDEMAND PATTERN A FIRM FACESDemand Pattern of a pixilatedUniversityName brilliance of Determining the Demand Pattern of a FirmIt is truly central to determine the entreat pattern faced by a whole in to be successful in concern . Demand is usually the beat of goods and function customers in a finical grocery are go jaunt to buy at a apt(p) accomplishment of era . For this case , if the amount of goods and work shooted in feature grocery store at a given degree of time is more , then it mean that the supply for these particular goods and services should be increased . On the other hand , if the amount of goods and services take aimed in a particular commercialize in a given point in time of time is small , it means that the supply of these point of intersections should be reducedUnderstanding of the market in which a plastered operates is very important for it enables a firm to determine the prices for their goods and services . For this case , a firm of necessity to determine the demand pattern for their goods so that they thunder all-day sucker know the actual price they need to charge for their goods in to prevail in the marketOn the other hand , determining the demand pattern faced by a firm ministration a firm to know the amount of goods required to be supplied at a particular market in a given plosive of time .

If goods that are supplied in a giv en market at a given period of time are less! , this means that in that location go forth be a shortage in the longrun and the firm whitethorn loose customers as a resultLikewise , if the amount of goods and services supplied in particular market in a given period of time is more that the demand , it means there will be oversupply of the particular product in the market . This force the firm to charge less for this particular product and even at time makes losses since the demand for this particular product is less than that product supplied in the market . We passel conclude that it is important to determine the demand pattern of a firm in to determine the fair prices for our products in the marketReferenceSamuelson ,. A and Nordhaus , W . D (2001 : Economics , 17th pas seul , upstart YorkSamuelson ,. A and Nordhaus , W . D (2001 : Economics , 17th edition fresh YorkPAGEPAGE 3No ...If you want to get a full essay, ordinance it on our website: BestEssayCheap.com

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