That means that others are putting pressure to keep the prices down. If two or more companies manufacture or sell similar products, both are motivated to keep the price down so that they can compete.
where a group of businesses come together in a place to buy and sell items or it can also be a customer
There are four basic market models based on the amount of competition within the industry. They are pure competition, monopolistic competition, oligopoly, and pure monopoly.
Increasing your market share is likely to invite competition - you may invite competition. hehehe K12 LOL
Market Assessment is the evolution of the market for a product or service including the analysis of the market trends , assesing the competition and conducting market studies.
Without competition, people wouldn't have a lot of choices
Perfect knowledge means that the customers know the past, present and the future status of the market.
It is a market driven by reasonable market prices that satisfy the needs of the customer.
Anti trust is a law term and refers specifically to competition law ensuring that market competition is regulated. It prevents one company having a monopoly of a particular market.
A monopoly has one producer in a market and duopoly has two.
Pure Competition is a market situation where there is a large number of independent sellers offering identical products.Pure competition is a term for an industry where competition isstagnant and relatively non competitive. Companies within the pure competition category have little control of price or distribution of product. Advertising, market research, and product development play a very little role in these companies/industries.
Monopolies limited competition in a certain market. Limited competition meant that the company could choose any price they wanted.
There is no information for the term hammering. However, the term "Hammered" means to be very drunk, intoxicated, it can also mean badly beaten at a game or competition.
market portion. Lets say real estate was the market and you specialize in unit developments then your market segment would be unit developments
there are many producers selling the same products at similar prices.
Oligopoly, Pure competition, Monopolistic competition
An oligopoly is an intermediate market structure between the extremes of perfect competition and monopoly. Oligopoly firms might compete (noncooperative oligopoly) or cooperate (cooperative oligopoly) in the Marketplace.
Perfect Competition