Questions

Competition  occurs when two or more organisations act independently to supply their products to the same group of consumers.

There are mainly two cases when firms can compete. One is price where firms are selling identical or very similar products, they must compete on price with each firm trying to undercut the others. The other is differentiation. A non-price competition depends on making a product different from those of competitors and by giving it distinctive qualities that are valued by the target market. This might include branding, styling, special features or higher levels of customer service. Good competition provides more options to customers and also brings with it improved  customer services.

According to the classification, the claim of bond holder should be accounted first. After fulfilling all the claims of bond holder company should look after the stock holder.

Yes, a promise can be broken without being held.

Jupiter has 67 natural satellites. Eight of Jupiter's moons are regular satellites, with 4 large, spherical moons, and 4 smaller moons that orbit closer to Jupiter. Jupiter has an additional 55 tiny irregular satellites.

The planet with the second highest number of moons is Saturn, with 61 moons.

Earth has only one natural satellite i.e, Moon.

Mercury and Venus have no satellites.

India's GDP growth will remain in the range of 6.5-7.5 per cent over the next 12-18 months and GST will support the momentum for faster growth, a Moody's poll said.