Markets

Description

Business unit1 Mind Map on Markets, created by webbc024 on 17/05/2013.
webbc024
Mind Map by webbc024, updated more than 1 year ago
webbc024
Created by webbc024 over 11 years ago
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Resource summary

Markets
  1. Local Market
    1. Customers short distance from suppliers
      1. Adv.
        1. understand cultural issues and traditions
          1. develop relationships
          2. Disadv.
            1. market size may be small
          3. National Markets
            1. same product or service offered all across the counrty
              1. many locations
                1. but very small share of market
                2. Physical markets
                  1. prices negotiated
                    1. farmer market
                      1. car boot sale
                        1. auction houses
                        2. Electronic Markets
                          1. low cost of entry
                            1. access to nation & international costumers
                              1. online auctions
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