The Types Of Market, Monopolistic Competition, Oligopoly, And Monopoly

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The assignment for this week was to review the video which discusses the four types of markets: perfect competition, monopolistic competition, oligopoly, and monopoly. In order to review this effectively there must be an understanding of the terms. According to our text, perfect competition involves products competing clients and that they offer corporations less potential profits than imperfectly competitive markets do. (Bryd, Hickman and McPheson, ) The text also referenced imperfect competition and this is when entry is restricted or goods are differentiated. (Bryd, Hickman and McPheson, ) Monopolistic competition, oligopoly, and monopoly according to research are deemed as imperfect competition. Monopolistic competition is considered imperfect because there are a lot of producers sell products that are distinquished from each other and there are not feasible substitutes. The oligopoly is a when there are many small companied that take up a large part of the market share. It is close to a monopoly but it is more than one company. A monopoly is normally one company that controls almost all of the market.
In reviewing the video the object of this paper is to identify at least two articles that highlight and discuss two of the biggest challenges facing financial managers today in these varied market structures. The two challenges reviewed were the ability to staying in tune with market and cash flow and financial management.
Due to the ever changing market

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