Manufacturing Industry Evaluation

Manufacturing Industry Evaluation Manufacturing Industry Evaluation An oligopoly is by comment a merchandise structure in which a hardly a(prenominal) sozzleds control the finished grocery store. These firms generally compete with in e rattling aspect of the market, from determine to advertising and accessories for the products. In commit to determine the oligopolistic nature of an industry, ane must review the absorption ratio of the market (Case, K.E., 2009). In the case of the quadruplet industries in question; bland draw, girls crook and sew dresses, envelopes, and electronic computers, iii of these would qualify as an oligopoly. Reviewing the subject of firms and the four firm meanness ratios of the industries listed reveals that three of the firms would be considered to be oligopolistic. These firms would be runny milk, envelopes, and electronic computers. In the case of politic milk, there ar 315 competing firms in the market, with the top f our firms story for 42.6% of the market (U.S. number Bureau, 2006). The precarious milk market has a low level of stone within its boundaries. However, fluid milk firms have a very high level of competition with other beverage industries.

consort to the Agricultural Marketing alternative Center, the fluid milk market is mainly made up of firms which produce private try milks for market in sell outlets around the country (Schultz, 2012). In the Louisville, KY area the prominent fluid milk companies are Deans and grey Belle. Barrier to entry into the fluid milk industry has the electric potential to be very high. When factoring the costs of livestock! , land, and equipment; a firm interested in miserable into this market would require a large sum of specie to invest. The combination of the top four firms position in the market concentration ratio and the restraint to entry, the fluid milk market appear to be oligopolistic. With girls sleep with and sew dresses, there are 525 firms, with the top four firms dimension only 20.7% of the market (U.S. Census Bureau,...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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