Thursday, March 12, 2020

definition of fluctuating demad (marketing)......?

Kip Ockenfels: Fluctuating Definition

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Dick Maisenbacher: A product has a stable demand if there is little variation in th number of units demanded per week, month, year etc. The demand for house insurance for instance is stable as the number of houses in the economy changes only slowly over time. On the other hand the demand for cars fluctuates with the business cycle. When the economy is booming and household incoming is rising the demand for cars rises. However when a economic downturn occurs and people loose their jobs the demand for automobiles falls. The marketing strategy employed by a firm must reflect whether the demand is stable or fluctuates....Show more

Frances Macky: Define Fluctuating

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