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Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?
in a perfectly competitive industry
What is the world's most competitive industry?
IT
Immediate industry and competitive environments?
The immediate industry includes the competitive environment for business. It includes all the competition within the industry and governmental agencies regulating the business.
Four factors influence an industry's competitive rivalry and competitive dynamics?
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
What is an example of a competitive industry and why is it competitive?
The smartphone production industry is one of the most highly competitive industries in the US at this time. The main competitors include Apple (iPhone), Research in Motion (Blackberry), and Palm (Treo), along with other competitors as well. The definitive explanation of the level of competition in an industry has been presented by Michael Porter. The amount of competition in an industry can be determined and described according to the the following: 1)barriers to entry into the industry, 2) available substitutes for the products produced by the industry rivals, 3) the power of the industry rivals over their customers, and 4) the power of the industry rivals' suppliers over the industry rivals.
The representative firm in a purely competitive industry?
will
What is the Tailoring industry in the Philippines?
tailoring industry is one of the competitive enterprises in the Philippines .
What determines the Competitive intensity in industry?
Demand and the number of competitors in an industry influence the competitive nature of a business. Another factor to competition is profit margins.
Is provision of internet access a competitive industry?
yes
What are the competitive forces that affect the motorcycle industry?
Competitive forces that affect the motorcycle industry include state regulations and the car industry. Insurance company policies also affect whether someone will purchase a motorcycle.
What business or industry is most likely to be found in a perfectly competitive market?
the adult film industry
What factors related to the industry must be considered in the preparation of prospective financial business statements?
Is the industry one in which companies are very competitive?Are competitive industries emerging?Is obsolescence emerging within the industry?Are there regulatory considerations and requirements?
