### activity | market:

Market research
* basic tool in corporate marketing.
* defines the business in terms of customer needs and wants.
* determines how to obtain the very best position in a crowded marketplace.
* does consume time.
* helps identify potential customers for a given product or service line.
* identifies the price and quality relationship customers perceive to be important.
* involves desk and field research.
* is about finding truths and dispelling myths
  - any organized effort to gather information about target markets or customers
  - at the heart of consumer behavior
  - often the difference between succeeding and failing miserably
  - one of the key factors used in maintaining competitiveness over competitors
  - that branch of marketing concerned with finding out why and how
* is the bridge between producer and client and also assists innovation
  - means to discovery
  - used in order to determine what type of product to produce
* minimizes the risk of doing business.
* proves that the longer an individual stays in the store, the more money they spend.
* way for big companies and advertising agencies to stay in touch with consumers
  - of getting an overview of consumers' wants, needs and beliefs

### activity | market:

Market risk
* affects the cost of raising equity.
* arises due to movements in market variables such as interest rates and exchange rates.
* deals with both purchased inputs and sale of farm products.
* is general fluctuations in the economy that can increase or decrease returns on stocks
  - set to decrease, especially with regard to foreign exchange and interest rate risk
* is the possibility of losing money because of a market deadline
  - because of a market decline
  - loss due to changing market values
  - random variability inherent in a farm's production process
* is the risk contribution of a project to a well-diversified portfolio
  - of adverse movements in the prices of inputs and products
* refers to the tendency of a stock to move with the general stock market.

Mass market
* have the same intelligence as germ populations.
* means low prices, so that more compute cycles can be purchased for less money.

Money market
* accounts Money market accounts are savings accounts offered by banks and credit unions.
* are markets for a. Foreign currency exchange
  - the lifeblood of most of the financial systems

### activity | market:

Monopoly
* game that mimics business transactions.
* is about buying and selling property
  - an issue whenever there scarce resource controlled by a small number of entities
* is one cause of market failure
  - of the oldest and most popular board games
* is the best selling board game in the world
  - natural opposite of competition
  - transition from capitalism to a higher system
+ Monopoly (game), Uses for Monopoly: Board games
  * Monopoly teaches children a variety of lessons while having fun. It teaches how to make deal when trading properties, playing fair because cheaters never win, the value of money, addition and subtraction, good sportsmanship, the thrill of competition, strategies, and organizations. Parents, Board Games, and Mathematical Learning. Teaching Children Mathematic, Feb 28. It allows children to explore different ways of counting. Children can also learn, not only about adding and subtracting, but probability, percentages, and patterns.

### activity | market | monopoly:

Natural monopoly
* Natural monopolies are typically utilities such as water, electricity, and natural gas.
* case of an efficiency form of market failure.