Discuss how firms within an oligopolistic market compete. 2. Discuss whether monopoly is always an undesirable form of market structure. 3. Explain how interdependence and uncertainty affect the behaviour of firms in Oligopolistic markets 4. Evaluate the view that only producers‚ and not consumers‚ benefit when oligopolistic firms collude to try to reduce the uncertainty they experience. 5. Explain why contestable markets generally function more efficiently than noncontestable markets. 6. Explain various
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DALAL & SHAH City Office East & West Insurance Building‚ 2nd Floor‚ 49-55‚ Bombay Samachar Marg‚ Fort‚ Mumbai - 400 023. India. Tel : + 91 - 22 - 22665251. Fax : + 91 - 22 - 22661503. Surburban Office The Regency"‚ Office No. 11‚ National Library Road‚ Bandra (West)‚ Mumbai - 400 050. India. Tel : + 91 - 22 - 26513540. Fax : + 91 - 22 – 26513539 www.dalalandshah.com ENGINEER & MEHTA (Chartered Accountants) Atlas‚ Khatau House‚ Ground Floor‚ 7/C‚ Moghul Lane‚
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2.4.2 What is different in Strategic Alliances? To see the importance of an alliance‚ there will be a short comparison of strategic alliances and traditional relationships. Seven distinctions may emerge: Alliances explore the wellsprings of costs and afterwards minimise them. Traditional relationships push costs to others. This is the result of traditional win-lose negotiating the zero-sum game. Alliances concentrate on a definitive client‚ and partners give value that clients pay for. Traditional
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terms. Question Marks division is Quadrant I have a low relative market share position‚ yet they compete in a high-growth industry. Generally these firms’ cash needs are high and their cash generation is low. These businesses are called question marks because the organization must decide whether to strengthen them by pursuing an intensive strategy (market penetration‚ market development‚ or product development). Stars division is Quadrant II businesses (star) represent the organization’s best
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Short Essay on Coase’s article: “The Nature of the Firm” Coase’s article “The Nature of the Firm” provides a set of answers to important questions such as “Why do firms exist?” “What characterizes firms?” and “What determines their scale and scope?” According to Coase‚ a firm has to find the most cheap‚ most productive goods and services by establishing contracts in an open‚ efficient market place. However‚ market places are not that pure to let firms to succeed in their needs; they are not fluid. This
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products (capital to labor) is 12. If not‚ what adjustments are called for to improve the efficiency in resource use? The ratio of prices PK/PL= r/w= 50/5=10 and The capital to labor MPK/MPL= w/r=12 These two ratios are not equal‚ the restaurant should change inputs. To make the ratios equal the restaurant should use more capital and less labor. This tells us that the capital is 12 times as productive and 10 times more costly. Question2 A competitive firm sells its product at a price of $0.10
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Attorney Jessica Gauvin From: Paralegal Veronica Decker Re: Security Protocols in the Law Office Date: 04-26-2014 Attorney Gauvin‚ The information that you requested in regards to the ethical rules about what is permissible to include in the website for the law firm. The law firm website must include the jurisdiction (state) in which s/he is licensed to practice. If the attorney fails to do so s/he has violated the ethical Rules 5.5: Unauthorized Practice of Law; Multijurisdictional Practice
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Angel Terry The Meaning of Digital Firm Business Communications 204 The meaning of Digital Firm is nearly all of the organization’s significant business relationships with customers‚ suppliers‚ and employees are digitally enabled and mediated” (Laudon‚ p. 11). This is the meaning of digital firm in which it was given in our text book. This however‚ is not how I comprehend the definition of Digital Firm. I comprehend it in another way in which several other people may or may not
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CONCEPTUAL/THEORETICAL PAPER Strategic marketing and marketing strategy: domain‚ definition‚ fundamental issues and foundational premises Rajan Varadarajan Received: 20 April 2009 / Accepted: 24 September 2009 / Published online: 28 October 2009 # Academy of Marketing Science 2009 Abstract This paper proposes a domain statement for strategic marketing as a field of study and delineates certain issues fundamental to the field. It also proposes a definition for marketing strategy‚ the focal organizational
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active within the White Rose non-violent resistance group in Nazi Germany. I bet not all of you or even none of you know what is the White Rose group. So what is actually the White Rose group? The White Rose group is a student-led pacifist movement aimed at spreading the truth of the Nazi government and students who were fighting against racial discrimination. In 1933‚ she moved with her family to Germany and she became a part of the Hitler Youth group‚ which supported the Nazi government. But with
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