m.saakshi

  Many people who are unfamiliar with the term fail to see the key market structures which are at the heart of Oligopoly. To them, it may appear a theoretical and abstract concept, but in actual fact, Oligopoly is based on many well-known market structures from other industries. An essential feature of oligopoly market examples is that there are monopoly prices. This is not a strange concept if one considers that Oligopoly is essentially a situation where two firms own a commodity, or service, or a group of products in a competitive situation. For instance, McDonald's, a large US company, has a monopoly over hamburgers. And the real estate industry, in which all large home builders have a monopoly over certain kinds of land and buildings, is an oligopoly market examples . Now some might say that the monopoly price is a bad thing. Indeed it is, but this is not the whole story. A monopoly exists because of market power. Market power is when a firm has the ability to charge a price f

  The Oligopoly market is defined as a market where only a few firms control the production of a large range of products. Under the Oligopoly, there is a condition that each firm produces: Homogeneous merchandise: The companies producing the homogenous products are known as Perfect or Pure Oligopoly. In some industries, it is found that the producer of a given type of merchandise is protected against entry by another firm that uses the same process, raw materials, and technology. However, the Pure Oligopoly does not provide protection to the producer but instead provides protection for the buyers. It is generally found in the producers of electrical products like copper, aluminium, iron, etc., where it is the monopoly of the producers, leaving the customers of other firms to buy them. An oligopoly market in itself does not create the competitive conditions that are required to ensure a healthy market. The problem arises when there is a lot of Oligopoly in certain industries. Such kind

  The term " oligopoly meaning " is a fairly modern one, having been derived from the phenomena of concentration of market power in a few hands. The term became famous with its mention in a 1976 book by the American economic philosopher Murray Rothman. In this book, Rothman explained that a company's wealth could be made by running several different" monopoly" businesses within a given metropolitan area. In practice, a city such as Chicago, Michigan, has three such "monopoly" businesses: the Sears corporation, the Ford Motors company, and the Bank of America Corporation. How does a business earn the " oligopoly " label? Well, by establishing an oligopoly meaning over certain aspects of a given industry or geographic region, a company can control the price of that sector or area. For example, in a "trustee-owned" grocery store chain, the store owner cannot enter into a monopolistic contract with a competitor, like a duopoly. But he

    An example of environmental scanning is a visual examination of materials and systems in an office or building to identify any defects. This type of scanning may be used for a number of reasons, one being to protect the health and safety of the public within the workplace. There is a range of companies that specialise in providing this service, offering both general and specialist scanning services. They offer a comprehensive range of products to suit all needs, including machinery detection, air quality and radiation detection. The most commonly selected products are as a part of a standard inspection package, which can be tailored to a company's specific requirements. An example of environmental scanning is an important function, which involves the collection, storage and analysis of data relating to the environment. Most companies choose to purchase a range of related equipment and environmental scanning software. Companies use environmental monitors to determine the presen

  Environmental scanning in strategic management refers to the practice of controlling the database, identifying trends, and making changes to prevent deterioration. Environmental scanning in strategic management is essential to ensure that a company's databases are regularly examined for information. A company's database not only contains personnel records but includes customer and supplier records as well. This means that a company's strategic management will fail if these important databases are not regularly scanned for information. Environmental scanning in strategic management allows a company to develop cost-effective strategies for environmental monitoring. These include a company's inventory control which will enable a company to maintain accurate inventories at all times. An accurate inventory management system will allow a company to make informed decisions about placing orders for products. This will ensure that a company is able to service their customers

  Many believe that one of the most important questions one can ask oneself is "Why is leadership development important?" It seems that most people don't really understand what leadership development is or how it helps the leader in his daily activities. Yet everyone knows that leaders take part in activities that help them lead their teams or groups. If you are a leader, you need to know why is leadership development important . First, if you are leading your team or group, you will have to develop yourself. There are no shortcuts to becoming a great leader. No one develops all the skills needed to lead without putting in the effort. Some are born with the ability to lead others while others work on their skills throughout their lives. Yet others still have to work on their skills through hard work and trial and error. However, most great leaders have developed their skills over their lifetimes. Those who came before you didn't stop working on themselves while they w

Have you been considering implementing an executive development program for your organization? Or, are you wondering if one is even needed? Well, the answer is most definitely yes! An executive development program can have a powerful impact on your ability to grow your company and achieve its greatest goals. So what exactly is executive development? Simply put, executive development is the development of skills and the development of management skill that will prepare you to take on increased responsibilities in a more strategic, and effective way. It also involves identifying ways to foster and support leadership in your organization. Often times people become bored with their current position and seek a change of pace. This can be incredibly difficult for an executive who may have taken a position because they felt like their role fit with the company but lacks direction or the skills necessary to fulfil their new role. The key to making executive development a successful part of yo

  There are many business analysis techniques and methods that you can apply in your business to get better results. However, it is important for you to choose the analysis techniques that will help you analyze the data in a better way that will help you make decisions for your business. Here are some of the popular business analysis techniques that you can apply in your business. These techniques may be complicated for you to understand but they are very effective in terms of helping you understand your market. One of the techniques that you can apply in business analysis is known as the SWOT analysis. The SWOT is the acronym for strategic thought, position, strength, and strategy. The term SWOT simply stands for their four components. S Strategy. W weakness. Another one of popular business analysis techniques is known as the TOEFL (quiz thinking) technique. This technique asks the student to answer all the questions honestly. If the student gets all the questions wrong then he fails

    Before we get into the details of how to use a business case analysis example in your business projects, it would probably be wise for us to first define what a business case is. It is simply a document, often an Excel or text file, that presents a summary of the current status of a business model or strategy, one that can serve as a road map towards achieving specific business goals. Business case examples can be found all over the place, from books on marketing strategies to presentations aimed at planning a large-scale project. While they serve a purpose, a business case does more than tell you what is happening. It tells you why, and then tells you how to fix it so you can achieve the same result. A business case analysis example should show you how to determine your next step. It shows you what problem you are trying to solve, why it is important and what obstacles might be in your way. It is like a road map leading you to the final destination, but not a physical destination

what is business analysis? It is a discipline of defining and analyzing business issues and identifying company requirements. Solutions often comprise a software-strategy development component, but can also include process improvement, organizational restructuring or strategic planning and implementation. The end result is the identification of a problem and the creation of a strategy to deal with it. While this analysis phase often generates a clear picture of what the company needs, business analysts are also adept at finding underlying constraints and making recommendations for dealing with those constraints. The key to effectively using what is business analysis processes to solve company problems is having an appropriate business analysis process in place. In most organizations, however, the business analysis process is not used or implemented as effectively as it could be. Many managers believe that it is unnecessary because they do not see the value of business analysis. Howev

The first step to making the kind of money that you want with multi channel marketing examples (M.C. Marketing) is to find a good business model for your business. There are hundreds of ideas and concepts floating around out there, and not all of them will work for your type of business. It is very important that you find a proven system that works, otherwise, you will have wasted your time and money on e-books or courses that will teach you nothing but how to do things in the most basic way. Once you have found a business model, you will need to develop some training materials for your own employees and for potential customers. The multi channel marketing examples training that you develop should teach your team how to properly sell the products and services that your company offers. In addition, it should train them on how to market those products and services using the most effective ways possible. You might consider hiring a consultant to help you create the perfect multi channel

  An administered vertical marketing system is one which is not run from scratch and that is, there is a company or entity that administers it for you. In most circumstances, these companies are called 'investors' or 'businesses' and they usually act as a facilitator or middleman between you, the distributor, and the actual selling force. The difference between an administered vertical marketing system and an unregulated vertical is that with the latter, there is no formal organization or authority to check on the performance of the agents. They can sell you products for a commission even if the product they are selling doesn't work, as they have no liability. This means that the investor will literally choose a administered vertical marketing system without checking it out and verifying its effectiveness, marketability and profitability. Imagine yourself as a distributor being paid to promote the very latest fad in weight loss drinks while ignoring all the negati

  Any company looking to reduce its operational costs, increase customer satisfaction and improve the overall quality of service has to look into a multichannel distribution system. This kind of system allows for the automation of distribution processes and allows for the optimization of human resources thereby improving overall customer satisfaction levels as well. With a multichannel distribution system , a consolidator gains the ability to send the same or similar items to multiple warehouses located all over the country or even the world, minimising logistical costs as well as improving efficiency. The speed of distribution can be increased by using dedicated vehicles, automated loading systems and trucks with individual bin capacity. Other benefits that a multichannel distribution system can offer include improved inventory management, improved quality control as well as better distribution of products throughout the whole distribution network.   Distribution methods that have bee