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Admiral Motors Is the Dominant Firm in the Auto Market

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Admiral Motors is the dominant firm in the auto market. When Admiral announces an increase in the prices of its automobiles, Chord and Frysler, the smaller firms in the market usually quickly announce similar price increases for their own cars. This situation is an example of demand-oriented pricing.


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Elevator Pitch

A succinct and persuasive sales pitch designed to outline an idea or product within the time span of an elevator ride.

Résumé Keywords

Specific terms used strategically in a résumé to catch the attention of hiring professionals and applicant tracking systems.

Job Titles

Formal designations of positions within an organization, reflecting the role and level of responsibility.

Job Search

The process of looking for employment, through various means such as online job boards, networking, or direct applications.

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