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love history [14]
3 years ago
5

g 5. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is

either homogeneous or differentiated products. What are some other characteristics of this market structure
Business
1 answer:
ArbitrLikvidat [17]3 years ago
6 0

Explanation:

An oligopoly can be defined as an imperfect competition market structure, it works when in an economic sector there are few companies offering a good or service, that is, the market is homogeneous and with differentiated services, as companies seek a degree differentiation to win customers.

Some characteristics of the oligopoly are: few price variations, which can affect the consumer, since there are few companies operating in the oligopolistic market, the possibilities of choice are reduced. There is also the difficulty of entry for new competitors, since there are few dominant companies in the market and we can also mention the dependence between companies in the market in which there is an oligopoly, since the actions of one will consequently affect the entire market and the companies present .

The oligopoly arises when there is an imbalance between supply and demand, which means that the active companies have greater control over the market and the prices charged.

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The Gap has recently produced a new line of athletic wear that closely competes with a designer label in its quality, utility, a
Bingel [31]

Answer:

<em>Behavioristic </em>

Explanation:

Behavioral segmentation <em>distinguishes a population based on its actions, the reaction, use or understanding of a product by the community. </em>

Consumer habits is a topic of advertising strategy that has been studied extensively over time.

This is primarily because a customer takes into account many considerations before making a decision.

8 0
3 years ago
The term value chain refers to the idea that a company is: Group of answer choices The producer of a series of customer-valued p
wel

Answer:

A series of activities that transform inputs into products that customers value.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation.

On a related note, a value chain refers to the idea that a company is a series of activities that transform inputs into products that customers value.

4 0
3 years ago
Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is?
ella [17]
The gross profit is more inportant than the net profit

7 0
3 years ago
If a 30% acquisition is made at a price above book value due to an undervalued patent and the investor has significant influence
erma4kov [3.2K]

Answer:

A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent.

7 0
3 years ago
4.
JulsSmile [24]

Answer:

Managing your money behavior

Explanation:

Personal finance is the management of individual financial activities of generating income and expenditure. It involves the process of setting personal financial goals and making plans on how to achieve them. Personal finance entails developing personal budgets, savings and investment plans to achieve short term and long term financial goals.

Individuals may need to hire personal finance managers to help them manage their finances. The role of the personal-finance manager is to advise and help in the making and implementation of financial goals. Personal finance involves managing money behavior to achieve the desired results.

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3 years ago
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