Scaffolding_Chau Phan_2405663 by Phan Nữ Minh Châu

phannuminhchau — 2025-09-18 17:51:37 UTC

Tools, machines, or buildings used to make other products.
Example: A factory uses machines (capital goods) to produce cars.

phannuminhchau — 2025-09-18 17:52:16 UTC

A computer system that helps a company manage business tasks (like sales, inventory, and finance) in one place.
Example: The company uses an ERP system to track orders and stock.

Something that makes a company better than others.

phannuminhchau — 2025-09-18 17:53:50 UTC

Example: Fast delivery gives the company a competitive advantage.

phannuminhchau — 2025-09-18 17:54:48 UTC

How much customers change buying when the price changes.
Example: If the price of coffee rises, people may buy less (elastic demand).

phannuminhchau — 2025-09-18 17:55:37 UTC

Sales where customers contact the company first (for example, after seeing ads or searching online).
Example: A customer called after reading about the product, and the inbound sales team answered.

phannuminhchau — 2025-09-18 17:55:53 UTC

A person or company that sells products.
Example: The vendor delivered parts to the factory.

phannuminhchau — 2025-09-18 17:56:50 UTC

Special knowledge about how products or processes work.
Example: The supplier used technical know-how to suggest the right machine for the customer’s material.

phannuminhchau — 2025-09-18 17:57:08 UTC

A market where only a few big companies sell products.
Example: The car market has oligopolistic competition because only a few large firms control it.

phannuminhchau — 2025-09-18 17:57:38 UTC

The way the market is organized (number of buyers and sellers, product type, price rules).
Example: In industrial markets, the structure has few but large customers and less price elasticity.

phannuminhchau — 2025-09-18 17:58:05 UTC

A clear promise of benefits a company offers to customers.
Example: The company’s value proposition is low cost and high quality.