How do market forces shape organizational responses?

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In economics or business in general market forces would refer to the forces of demand and supply affecting the price and quantity of items. Organizations focus their operations on trying to understand, predict and at times influence the demand of their services or products. As stated the market forces will affect the price and organizations will work to ensure there is benefit in such an impact. For instance, if demand for a product is high then the organization would seek to increase their price in line with the demand, eventually increasing the equilibrium price. The assumption in this case is that supply is held constant. If...

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