Category: Competition

Monopolistic Competition in Public Utilities Introduction Monopolistic competition is described as an imperfect competition where a small number of producers sell differentiated products, which are not necessarily substitutes (Borenstein, Bushnell & Stoft, 2010). Werner & Kirk-Duggan (2009) provide several explanations for this imperfection. They are of the view that the imperfection is brought about by…

Globalization and Competition: The USA, Western Europe, Japan The leading tendency of globalization is its presence even in those countries where other trends of the current world economy are weakly and hardly noticeable. According to Martin et al. (2018), it is a complex admixture of different, though interrelated, historically evolving developments and transformationseconomic, technological, cultural…

Acer Company Analysis: Marketing and Competition Introduction Over the recent past, the global market has been characterized by a very high level of competition. This has been characterized by a very high level of competition. In particular, the market for computers and electronics, in general, has been increasing over time. This competition has increased as…

Ryanair and EasyJet Firms Strategies and Competition The name of low-cost carriers (LCCs) implies the main factor in determining these companies strategies. However, the low prices for customers do not mean that these businesses cannot stand out. In the case of Ryanair and EasyJet, the two competitors are similar in many aspects but different in…

Competition Within Political Monopoly Theory The article Two Theories of Monopoly and Competition: Implications and Applications bases the discussion on the claim that monopoly makes sense on the foundation of the political monopoly theory. In other words, Simpson suggests that monopoly exists only when the government applies force so that one or a couple of…

Wal-Marts Target Market Selection and Competition Table of Contents Introduction Wal-Marts Target Market Competition Wal-Mart segmentation Target Market Selection Process References Introduction Marketing strategy is the marketing logic applied by firms to accomplish their marketing goals. A marketing strategy takes into account the cost of marketing, marketing mix, and marketing allocations to develop competitive settings.…

Industry Competition and New Entrant Threats The threat of new entrants Economies of scale A South Korean car-manufacturing company that intends to enter the Australian market should bear in mind that it will have to compete with economies of scale such as Toyota or Ford. The main peculiarity of these companies is that they gain…

Competition Within Intermodal Transportation Intermodal transportation refers to different modes of transport providing the same transport services. Intermodal transportation also refers to the use of coordinated transportation of freight on a single trip. Inland water, air, railroads, pipeline, trucking companies, and ocean carriers work together to move homogeneous units to offer improved services and a…

International Business and Competition In todays conditions of market globalization and a highly competitive environment, businesses are forced to adapt their operating models to withstand competitive pressure and operate sustainably to address the interests of as many consumers as possible. Successful companies that have implemented their international plans enter the global market and become leaders…

Google Inc. and Competition in the Chinese Market Assessment of the current strategy and the capacity to sustain competitive advantage Google.com faced serious challenges during its venture into the China market. There was competition from other internet search providers who were already operating in China. For instance, there was Baidu, and yahoo. However, Google came…