Explain some of this industrys characteristics if you were

Reference no: EM13459729

You are doing your final research before you write your business plan. Industry A has 20 firms and a Concentration Ratio (CR) of 30% What is the name for this type of industry? Describe some of this industry's characteristics. If you were in this industry and there was an increased demand for the product that pushed up the price of goods, what long-run adjustments would you expect? What does your anticipated adjustment process imply about the CR for the industry? Industry B has 20 firms and a Concentration Ratio (CR) of 80%. What is the name for this type of industry? Describe some of this industry's characteristics. What are some reasons why this industry has a high CR while Industry A had a low CR? Is it possible for smaller firms to thrive and profit in Industry B? Why or why not?

Reference no: EM13459729

Questions Cloud

How could the individual or organization use knowledge : joe stacie and shannon are all employees within the same organization.nbsp consider each employees characteristics

A thin line differentiates employee grievances and employee : discuss your opinion regarding whether unions are still relevant and necessary in todays work environment. what other

What were some of the arguments centered on slavery and : what were some of the arguments centered on slavery and territorial expansion? how did the compromise of 1850 fail to

Loewen identifies herofication as a key practice of : loewen identifies herofication as a key practice of textbook scholarship. what does he mean by herofication? what are

Explain some of this industrys characteristics if you were : you are doing your final research before you write your business plan. industry a has 20 firms and a concentration

What are some hr laws that organizations can use to develop : what are some hr laws that organizations can use to develop and implement policies procedures and practices?name and

How can better understanding our collective cultural : how can better understanding our collective cultural heritage and shared humanity across time and geographic place help

Recognize the innovation and design plan for implementing : identify an innovation and design a plan for implementing it in an organization in which you are involved such as your

Describe the process for establishing pay rates for : fair compensation is important to all employees. strategic compensation positioning is essential to an organization.

User Account

All Pages