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Car brands are a part of ___________ type of market structure
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- See the graph below, Label and Describe in terms of : A.Name of Market Structure B.Ability to control prices C.Spending on advertising and marketing D. Pure profit, Normal profit or losses.Name the market structure in which the firms sell products that are similar but not identicalStudy the evolution of any brand/company of your choice regarding its target market. In addition, also discuss how the brand/company differentiate and position its products/services to get the maximum competitive advantage
- describe the types of market structure that exist in the tourism industry of Cyprus. Only Typing AnswerCompetitive Advantages and Competitor AnalysisBranding involves creating and communicating a unique image and theme for a product in the consumers' mind. Does successful branding increase Market Power? how and why?
- Explain what the term ‘personal branding’ means. Then discuss how personal branding is developed on an individual level, the different avenues to personal branding, and the impact personal branding can have.Perfect Competition and the Internet It has been argued in recent years that the explosive growth of retailing on the Internet has made this form of retailing resemble an almost perfectly competitive market. Consumers appear to have perfect information about both prices and products at their fingertips by merely logging onto the net in search of the best deals. In a perfectly competitive market products are identical, there are a large number of buyers and sellers, there are no search costs, customers are perfectly informed, there is free entry into and exit out of the industry, and profit margins would be ‘normal’ in the long run.The Internet does seem to have some of these attributes of a perfect market. For example, studies have shown that online retailers tend to be cheaper than conventional retailers and that they adjust prices more finely and more often. The Internet has also led to the growth of people who use ‘shopbots’, that is computer programs that search rapidly over many…٣٧((( ___________ strategy is used by a company when it targets to sell its products in multiple markets and positions itself as a company offering high quality and innovative products with high customer responsiveness. Select one: a. Low-cost focus b. Cost leadership c. Differentiation d. Differentiation focus
- Read your textbook (Chapters 1-7) and use seven peer reviewed publications and write an APA formatted paper of minimum five (5) pages about the following: Explain the Five Forces Framework and Industry Profitability of Michel Porter. Describe the four market structures of Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly. Analyze the relation between the five forces and different market structures. Apply your understanding in the evolution of the market in the computer industry (Page 223).Choose one brand for every market structure below. Explain the characteristics of the brand to conform with the structure. 3.1) Monopoly 3.2) Oligopoly with heterogenous products: 3.3) Oligopoly with homogeneous products: 3.4) Perfect Competition: 3.5) Monopolistic CompetitionIdentify the different advertising objectives? Provide examples of brand advertisement for each one of them with links of advertisement and why the ad matches the objective.
