Eco 365 Week 2 Differentiating Market Structure Research Paper
Running head: DIFFERENTIATING MARKET STRUCTURES 1
Differentiating Market Structures
Gabriel Cathey
ECO/365
November 3, 2014
Instructor: Paul Andoh
DIFFERENTIATING MARKET STRUCTURES 2
Differentiation Market Structure Within the world of marketing, there are different advantages which will determine how the product market shall operate. The overall objectives for any company or organization is to supply a product which consumers will constantly demand. As consumer products are produced, competition amongst products organizations will occur. This article will explain the differentiation of market structure and the proprietors it entails.
Understanding Market Structure Before any product can be sold, bought or manufactured there need to be an economic market were it is demanded along with a supply to accommodate the product demand. Market Structure is defined as an assortment of consumer products that are homogeneous, or in English terms...somewhat the in product diversity. Understanding the market is knowing the processes it uses to operate on a local but international scale. The competitive of a imperfect structure are almost the same as a quite identical to realistic market conditions where some, monopolists, monopolistic competitors, oligopolists, and …show more content…
For this reason the Coca-Cola organization uses a duopoly type strategy in order to maximize profit potential. With the duopolies type strategy Cola-Cola can increase product prices without the concern of customer decrease. It also will give them the advantage of other market competition. By keeping product prices below of new market competitors, it can force out other competitors when they are unable to keep up product demand. Once the competition has been run out the market, Coca-Cola can increase product prices to normal (Henry
Differentiating Market Structures
Gabriel Cathey
ECO/365
November 3, 2014
Instructor: Paul Andoh
DIFFERENTIATING MARKET STRUCTURES 2
Differentiation Market Structure Within the world of marketing, there are different advantages which will determine how the product market shall operate. The overall objectives for any company or organization is to supply a product which consumers will constantly demand. As consumer products are produced, competition amongst products organizations will occur. This article will explain the differentiation of market structure and the proprietors it entails.
Understanding Market Structure Before any product can be sold, bought or manufactured there need to be an economic market were it is demanded along with a supply to accommodate the product demand. Market Structure is defined as an assortment of consumer products that are homogeneous, or in English terms...somewhat the in product diversity. Understanding the market is knowing the processes it uses to operate on a local but international scale. The competitive of a imperfect structure are almost the same as a quite identical to realistic market conditions where some, monopolists, monopolistic competitors, oligopolists, and …show more content…
For this reason the Coca-Cola organization uses a duopoly type strategy in order to maximize profit potential. With the duopolies type strategy Cola-Cola can increase product prices without the concern of customer decrease. It also will give them the advantage of other market competition. By keeping product prices below of new market competitors, it can force out other competitors when they are unable to keep up product demand. Once the competition has been run out the market, Coca-Cola can increase product prices to normal (Henry