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An example of a company that is doing pure competition in the market?
Wiki User
∙ 12y ago
markets for agricultural goods such as sugar and for finacial securities such as shares are the closest approximation to pure competition . in reality , pure competition doesnt exist
Wiki User
∙ 12y ago
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What does a firm look for when doing a SWOT analysis?
When conducting a SWOT Analysis company will be able to identify the strengths and weaknesses in the existing processes and procedures of the company. Secondly company can identify the opportunities that are available to expand the existing processes and procedures of the company for example from local market to foreign market expansion. Thirdly threats that are available can be also identified for better future of the company.
What is it called when a few large companies control an industry?
This is known as an oligopoly. They often work as a mechanism between companies to reduce competition and inflate prices for consumers.
What is the globalization of market?
The benefits derived while doing trade worldwidely.
Can you Compare perfect competition and oligopolistic competition?
Perfect competition - imagine thousands of little fruit stands around the country. They all sell the same thing, and they have no control over the price. If one fruit stand raises the price, then no one will go there anymore because it's cheaper somewhere else. If they lower the price, they will just lose money. Oligopoly - Think about credit cards. You have Visa, Mastercard, American Express, and Discover. All have about the same amount of market power, and each company is very interested in what the other is doing. If one lowers its rates, the others will follow suit. They are similar in that they have multiple firms that offer similar services/products.
How effective is capital market operation in nigeria?
They are doing their best
Example of company that is doing oligopoly?
nokia
What does a firm look for when doing a SWOT analysis?
When conducting a SWOT Analysis company will be able to identify the strengths and weaknesses in the existing processes and procedures of the company. Secondly company can identify the opportunities that are available to expand the existing processes and procedures of the company for example from local market to foreign market expansion. Thirdly threats that are available can be also identified for better future of the company.
What is market repositioning?
Repositioning the competition can mean many things, but it DOES NOT mean lying about your competition or doing anything unethical. Instead it's about controlling the dialog, in and around your product, service or cause, by making your message the loudest one to your target audience in the market. Telling about the uniqueness , quality of your product in better and new way in the market better than competition's product.
When organism in a community have a contest against each other for the life requirements what are they doing?
They are having a competition
What is the purpose of competitor analysis?
A competitor analysis is a person hired to figure out what the competitors are doing and how the company they work for will counter that competition. Essentially they investigate and suggest creative ideas to outdo the competition.
What is opportunity screening?
Opportunity screen is an effort to understand and analyze which markets are there out there that provide the best opportunities to enter and whether those opportunities are sustainable. So those who are doing the analysis need to understand what has to be done differently in their company in order to enter this new market, how big is the market, what are the costs of entering the market, who's the competition and do they have weaknesses that can be exploited. As the term suggests the ones doing the analyzing are determine which opportunities to continue to consider and which need to be deleted as the analysis continues.
What is it called when a few large companies control an industry?
This is known as an oligopoly. They often work as a mechanism between companies to reduce competition and inflate prices for consumers.
What's asset allocation fund and is it good for current market?
This depends on the company that you are doing the investments with. Each company has different requirements which are needed for an investment account.
Why is it useful to compare the performance of a company against the market?
It's important to compare the 2 because to be a successful company and stay that way, one must always see what the competition is doing and how well they're doing it. For example. If your company is netting 10 million dollars a year, you'd be pretty happy with how things are. That's great but what if your 3 main competitors were making 100 million a year? You could then analyze why these competitors are making that much more than you. Is it because they have a superior product or could it be they spend much more on advertising and get a bigger return on sales? Sometimes one company might be happy with making very little because most of its competitors are struggling. If the other companies go under, they could then have a bigger market share. This is a VERY elementary explanation but it does answer your question.
What do you mean by online market research?
Its just making money online . Without doing any physical work. I am currently doing it and its great . By the way I learned it from his video
Is it wise to go for an Equity Investment in the current market situation?
If you think there's an undervalued company in the market, then it might be. Check with a financial advisor before doing anything risky, though.
Are the stocks good or bad for Mercedes-Benz?
Like every other company on the stock market, it depends on how its doing, in terms of sales.
