Difference between competitive inhibition and non-competitive inhibition. The structure of inhibition molecule is similar to that of the substrate. The Structure of the inhibitor molecule is entirely different.
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7 most essential features of a perfectly competitive market. Market is generally understood to means particular place of locality where goods are bought and sold. However in any particular place or locality does not mean market where goods are bought and sold.
A perfectly competitive market has the following characteristics. (i) The market consists of buyers and sellers who are price takers. (ii) Each firm in the market produces undifferentiated and homogenous products. (iii) Buyers and sellers have perfect information about the price prevailing in the mark! About the availability of commodities at any given point of […]
Creative salesmanship is to create new sales by breaking new ice and increases the existing sales in addition to maintaining it. In other words, creative salesmanship creates extends and maintains the demand.
Though a salesman is to be both ‘creative’ and ‘competitive’ whose aim is to maximize profits for the owner and maximize the level of consumer satisfaction and delight to the customer depending on the situations under which he is supposed to work.