Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following: (a) the number and size distribution of companies, (b) the nature of barriers to...

1 answer below »

Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following:


(a) the number and size distribution of companies, (b) the nature of barriers to entry, (c) the height of barriers to entry, and (d) the extent of product differentiation.


What do these factors tell you about the nature of competition in each industry? What are the implications for the company in terms of opportunities and threats?


Assess the impact of macro environmental factors on the likely level of enrollment at your university over the next decade. What are the implications of these factors for the job security and salary level of your professors?



Answered Same DayDec 24, 2021

Answer To: Identify a growth industry, a mature industry, and a declining industry. For each industry, identify...

David answered on Dec 24 2021
128 Votes
Pure Competition:
-low barriers to entry, many choices, and no business has dominance.
-many co
mpanies competing and nobody has a significant advantage.
Examples:
Small bars and restaurants
Variety stores, convenience stores.
Nail salons, barders.
Small grocery stores.
Doughnut shops.
Professional services (dentist,doctor,architectss)
Oligopoly:
Very similar...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here