Market Structure and Competition

Market expression and Competition Janella Groff XECO/212 October 14, 2012 SHAWN BROWN Market Structure and Competition In at presents sparing securities industry competition is as knockabout as anything could be. It is l completelyy survival of the fittest or kill or be killed. If you mass compete with the best of them you check a chance to be a success. The warring grocerys, monopolies and oligopolies all check an incredible sum on the economy and can all moreover ensure the outcome of whether or non businesses ar successful. New railcars, prescription medical specialty medicates, cable television, fast food and the hold securities industry are all markets that are affected by these factors. When buying a reinvigorated car you are debut an incredibly belligerent market. As of 2011 the number of car dealerships go 0.6 percent to 17,767(reuters.com) which delegacy for the consumer, it unaccompanied got easier to find your right price. first appea rance this market as a competitor takes a bay get alongdow of money to create a stock to be private-enterprise(a) with the thousands of other car dealerships. There are a a couple of(prenominal) substitutes if you would like to buy a car from another(prenominal) fountain other than a car dealership but you would not be able to bilk a car new, notwithstanding used. When looking for a new car, dealerships are the only federal agency to go.

Given all these factors I recall the prices are real competitive because each dealership wants to advance your business so they will do most anything to win you over the other competitors. Another incredibly compe! titive market would be prescription drugs. There are so more new drugs introduced into the market everyday its almost unimaginable to be competitive. allergy medication is constantly changing and new brands are masking up. To enter into this market you need to have years of explore followed by the FDA approving your drug and fashioning it available on the open market. Besides this it needs to actually work. Unlike the machine market, there are many substitutes in the prescription drug market. Generic brand drugs have convey an incredible...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay