Concordia University Chicago Admissions ACT Scores...

Market Structures - 4108 Words

RUNNING HEAD: MARKET STRUCTURES Market Structures University of Phoenix Market Structures In this paper, we will discuss the four market structures of Monopoly, Oligopoly, Monopolistic Competition and Pure Competition. We have identified four companies that operate in each of these market structures: Salt River Project, The Coca Cola Company, Russ s Market, and Columbia House. In each market structure we will describe the pricing and non-pricing strategies of the companies operating in that market. We will also examine Quasar, a notebook computer company. They entered the market with a new product and we will explain the progress from one market segment to the next as the lifecycle of the product changes and the number of†¦show more content†¦Therefore, the oligopolistic firm has little to gain from utilizing pricing strategies that results in rigid or inflexible prices. Oligopolistic firms rely on non-pricing strategies of competition such as advertising, product differentiation, and barriers to entry. The goal for oligopolies is to increase market share while keeping price constant. The Coca-Cola Company is the global leader for carbonated soft drinks (Carbonated Soft Drinks Industry Profile: United States, 2005). In 2004, Coca-Cola had a 44% volume of the U.S. market, PepsiCo, Inc. had a 31.1% share, Cadbury Schweppes p/c had 15.2% (Carbonated Soft Drinks Industry Profile: United States, 2005). The Coca-Cola Company, PepsiCo, Inc. and Cadbury Schweppes p/c hold 90.3% market share of carbonated soft drink (CSD) sales in the U.S. while private label brands have only 0.4% share of the market (Carbonated Soft Drinks Industry Profile: United States, 2005). The Coca-Cola Company, Inc. exhibits oligopolistic characteristics whereby it is the largest of three oligopolistic CSD companies in the U.S. market, offers differentiated carbonated soft drink products, controls price with mutual interdependence, limits barriers to entry by significant brand recognition and trademarks and has a high concentration ratio of 44%. Pricing strategies for Coca-Cola and the other CSD oligopoly firms, as stated above,Show MoreRelatedMarket Structure Of The Company Essay1088 Words   |  5 PagesMarket Structure Introduction There are four types of market structures and they are monopoly, perfect competition, monopolistic competition, and oligopoly. What is a market structure? A market structure is â€Å"the makeup of the companies operating in a particular market.† Why is the market structure important to the producer as well as the consumer? It distinguishes the difference in seller numbers, buyer numbers, seller entry barriers, and buyer entry barriers. The main differences in market structuresRead MorePerfect Competition : A Market Structure1942 Words   |  8 PagesWhen trying to top look for a market structure to fit your needs a person should start with perfect completion, monopolistic competition, oligopoly, and monopoly. These four market structure are used by business to aid the businesses in producing and selling products. Perfect competition is described as a market structure that has many sellers and buyers that produce the same product and they are allowed to leave and exit the in dustry at any time. Free entry and free exit is a crucial characteristicRead MoreDifferentiating Between Market Structures Essay1260 Words   |  6 PagesDifferentiating Between Market Structures Yvonne C Rivera ECO/365 May 16, 2013 Paul de la Pena Abstract There are many TV service providers available in the U.S; however there are only two companies that offer services via satellite. Dish operates within the monopolistic competition market. Dish has been in business since the early 1980’s and has gradually worked its way up to become one of the leading satellite provider and innovator of new technology. In 2013 they offer service to overRead MoreMarket Structure Of An Economics Perspective Essay1728 Words   |  7 PagesIntroduction Market structure from an economics perspective is defined as the characteristics of the market that impacts the behavior or way firms operate, which economists use to determine the nature of competition, and pricing tactics of businesses in the market. Within a market, the market structures are distinguished by key features, including the number of sellers, homogeneous or differentiated goods or services produced, pricing power, level of competition, barriers to entering or exit theRead MoreThe Impact of the Internet on Market Structure8084 Words   |  33 PagesTHE IMPACT OF THE INTERNET ON MARKET STRUCTURE Bruno Cassiman** Sandra Sieber** RESEARCH PAPER No 467BIS July, 2002 * Professor of General Management, IESE ** Professor of Information Systems, IESE Research Division IESE University of Navarra Av. Pearson, 21 08034 Barcelona - Spain Copyright  © 2002, IESE Do not quote or reproduce without permission The PwCIESE e-business Center is a joint initiative of IESE Business School and the professional services firm PricewaterhouseCoopersRead More The Main Categories of Market Structures Essay1668 Words   |  7 PagesCategories of Market Structures Recent industry analyses typically have strong relation with economic theories. There is a theory, belongs to microeconomics, divides industries into categories according t the degree of competition that exists between the firms within the industry, i.e. the theory of Alternative Market Structures. This essay based on three questions divides into 3 parts to explain and evaluate the questions. This essay (PART A) outlines the main categories of market structuresRead MoreThe Market Structures Of A Market Structure962 Words   |  4 Pagesfour market structures that function in the worldwide market. Each of these market structures correlates with one another to create the demand and supply of the market. However, these market structures have some unique traits that no other theory can have alike. Therefore, a comparison and contrast is necessary to distinguish each of these theories from one another. These market structures of the economy are perfect competition, monopoly, monopolistic competition, and oligopoly. These market structuresRead MoreMarket Structure And Functions Of The World Economy1832 Words   |  8 PagesAssignment Student name : - Md Mokshed Hasan Student id : - 614181 Part one: - Market structure and functions Q1,a) Financial markets:- It’s a marketplace where buyers and sellers participate in the trade of assets like equities, binds, currencies and derivatives. Financial markets are well-defined by having transparent pricing, rudimentary regulation on trading, cost and fees and market forces determining the pieces of stocks trade. Its participants need to fulfil some of certainRead MoreMarket Timing and Capital Structure for Baker and Wurgler1526 Words   |  7 Pagesequity when their market values are high, relative to book and past market values, and to repurchase equity when their market values are low. We document that the resulting effects on capital structure are very persistent. As a consequence, current capital structure is strongly related to historical market values. The results suggest the theory that capital structure is the cumulative outcome of past attempts to time the equity market. Introduction â€Å"Equity market timing† refersRead MoreMarket Structure Of The Market Structures1779 Words   |  8 Pagesmayor to look at various market structures. I plan to provide excellent information and answer all the questions that will help the mayor understand the market structures of many of the businesses in his city. According to Arthur Levitt, the tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues (Levitt, n.d.). Market structures are being used daily to help foster companies. Describe each market structure discussed in the course

Missing Assingment free essay sample

In a triage environment, a priority patient is an individual who requires a certain level of urgency when treating them. The levels are predetermined and assessed by the admitting R. N. A key tool used to accomplish this is to increase the practice of treat and street. (www. Monoclinic. Org) Traumas/Direct Admits/ Treat and Street When a patient comes into an emergency room department, there is a direct correlation between the patients wait time and their level of satisfaction. Internal and external studies at the Mayo Clinic have shown that the ideal wait time for satisfied customers should average 35 minutes or less.When the wait times reach 75 minutes plus, the dissatisfaction levels increase exponentially. (WV. Monoclinic. Org) For a patient to be scene they must undergo a multiple step process. The patient sees a C. A. , then an L. P. N. , finally they see an M. D. And possible follow up with a dietician. We will write a custom essay sample on Missing Assingment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This linear model, which was the previous system used, is known as the Conveyor Belt Care system. This model of care is built around face-to-face interactions between the patient and the physician, nurse, or other staff members; with a focus on acute care and a tendency toward a reactive mindset.Conveyor Belt Model 2 Recent research from Mayos has shown that approximately 15 to 18% of emergency department patients are frustrated/dissatisfied with their wait times. The research conducted by Internal Audit Services gave these patients a list of interaction points in the emergency department process and asked them whether they encountered unsatisfactory delays before each encounter. 2. 4. Being greeted by someone in admissions Being taken into a treatment room Being treated by a nurse Being treated by a physician There is wide variation in patient perceptions Of where bottlenecks occur.Thirty percent of patients who were dissatisfied with their wait times said there was an unsatisfactory delay before being greeted in admitting, a relatively low figure compared to the 65% who were dissatisfied with the time it took to be taken to a treatment room and 60% dissatisfied with the delay before being treated by a physician. There is significant potential for improvement at every stage, but the two major bottlenecks are clearly the latter two phases. (www. Monoclinic. Org) The following is a SOOT analysis for the Mayo Clinic DEED intake process: STRENGTHS WEAKNESSESValue : Management has obtained qualitative Bottlenecks: Current wait times in the data through debriefing interviews with the emergency room can vary drastically, providers and patients regarding the value and is currently one of the biggest of the interactions. Of patient dissatisfaction. Integrated Systems: The system records important Conveyor Model: The current model of details like availability of the patient, laboratory tests, face to face care is inefficient and one comments by doctors and any other diagnosis being of the main factors leading to the given. Doctors can check patients previous history adolescents. ND this way multiple doctors work as a team through this system in treating a patient. OPPORTUNITIES THREATS New Model of Care: The Center for Innovation has Lack Of Corroboration: Current staff proposed a new wraparound care model. May resist the changes to a new model. Innovation: Mayo is continually innovating and Transitioning: The current old 3 looking into new systems and technologies to evolve. Systems may need new tech. The following is a PESTLE analysis for The Mayo Clinic: Political: Usually trends are given by health laws, regulations and government regulations.The AC is currently at the center stage of in highly political state and federal environments that Mayo Clinic and its network operates in. Federal and state budget deficits are helping drive reforms that are focused on cost containment. 2 Economic: Economic forces have a significant impact on company operations this include the gross domestic product. Sustained moderate growth of gross domestic product generally produces a healthy economy in which health- related businesses, like Mayo Clinic, are in a position to cater the growing demand of health care services.The current economic environment, forever, remains uncertain and the Inflection point for health care delivery involves: Changing public and private payment models, as well as payer and provider consolidation. 3 Social: Social forces include the traditions, values, social trends, consumer psychology and social expectations that have endured for decades and even centuries. The values are relative concepts that society holds in high esteem. They, along with social trends, pose threats, and provide opportunities or constraints, in shape of demographic changes, social expectations, etc. , for Mayo Clinic.Technological: Medical Technology is evolving rapidly and Mayo Clinic should be able to keep abreast with the changing medical technology. The technological forces include developing medical technology and scientific innovation that provides opportunities, threats, and restrictions on businesses. In health care setup, the change is rapid and constant. Recent advances in medical robotics, computers, lasers, and related areas have provided significant opportunities for the development Of health services quality. Advances in computing, have helped make many tasks at low cost and high level of customer satisfaction.Mayo Clinic, being the leading non- profit organization, should adapt to the technological advances in the medical field, as changes in medical technology or business can decimate entire sectors leading to a change in demand for one treatment methodology to another (Andrews, 2008). 5 Legal: regulations. Mayo clinic has to be on constant outlook for any changes in the policies of the government, which might affect its performance. Being a non- profit organization, it is imperative for the organization to always look for any changes in the political and legal environment, and adapt to those changes. 6 Environmental:Recently, The Mayo Clinic in connection with the State of Minnesota, has launched an innovation project dubbed Destination Medical Center. Destination Medical Center (DIM) is an innovative economic development initiative to secure Minnesotas status as a global medical dest ination now and in the future. Some quick facts about DIM: Nearly $6 billion in private investment in the market, realizing approximately $10 to $1 in private to public investment. 4 A public investment proposal of $585 million from State and local jurisdictions. The investment is not an upfront payment but instead structured over a 20 year period.None of the public dollars will be used to pay for Mayo buildings and/or programs. There is also a centralization element to DIM -? the creation of new business/jobs developed through close collaborations. Rochester, and Minnesota as a whole, is currently losing almost all Of the start-up biotech companies created here to other States. A component of DIM includes a strategy to promote Rochester and the State of Minnesota as a desirable location for start-up businesses, keeping them, and the jobs they bring. (www. Monoclinic. Org) Stakeholder Engagement Mayo Clinics stakeholders include the patients, his/her family and society at rage.

The Smurfette Principle

The article â€Å"The Smurfette Principle† by Katha Pollitt, coins the underlying truth of gender stereotype in the popular culture. She draws her reference from various Children Media literature and finds them to exemplify the impact of media on gender roles. She also points out that almost all television children’s shows (cartoon, movies, and books) contribute to gender stereotyping (Pollitt, 1991).Advertising We will write a custom book review sample on The Smurfette Principle specifically for you for only $16.05 $11/page Learn More From her children and media review, she observes that female characters play a peripheral role compared to male characters. Pollitt’s work tries to create awareness that the society should not accept what Children Media is promoting about gender stereotypes. She uses her daughter, Sophie, to put her points across. After watching â€Å"The Little Mermaid†, and reading â€Å"The Cat in the Hatâ⠂¬ , Sophie is left disgusted by the peripheral role that female characters play in the media (Pollitt 1991). She concludes by acknowledging that the media is a problem in the society. However, in the contemporary context, most of these materials have changed significantly in order to give women a leading role and avoid bias, chauvinism, and sexism. I agree with Katha Pollitt’s observations that Children Media plays a major role in gender stereotyping. I further agree with her insinuation that the media is a problem. This is premised on the fact that the messages that the Children Media puts across fundamentally lead to anti-social effects. Technology has advanced immensely in the last few decades. Different forms of media such as television shows, advertisements, print media, music, video games, movies, and comic books utilize both male and female characters (Hollis-Sawyer Lorilene, 2013). According to Ducille (1994), these forms of media exemplify women and girls playing a different role. The most notable roles include the performance of domestic chores, such as laundry and cooking, victims of assault, sex objects, recipient of harassment, love seekers and submissiveness, as well as weaknesses and need for protection. Conversely, these media use action movies to portray men as being aggressive and muscular. The children Media also portrays male characters as bosses and great inventors. It is now twenty years since Katha Pollitt wrote â€Å"Smurfette Principle†, and yet the female characters are still portrayed to have minor roles, in both children and adult literature. Today, animated films only include one or in rare occasions two female characters. In current movie reviews, it is common to come across reviewers terming few starred female characters as ‘feisty’.Advertising Looking for book review on ethics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Most of the movies produced nowada ys are sexist (Fischer Bolton-Holz, 2010). For instance, the ‘Bee Movie’ changes the rule of the colony living, by depicting the colony leader to be a male, as opposed to the leader being a queen (female). The hero in this movie is a man. This is a negative sexist action that portrays male as the only leaders. It indicates clearly that the male characters are associated with good roles. I also agree with Katha Pollitt that gender stereotypes are inherent in the society. They cause problems that need to be addressed. Children Media should stop portraying female gender negatively, and instead strengthen both genders without discrimination. As a remedy to these stereotypes, I also agree with the author that parents should play a major role in choosing the right media, channels, and programs that their children should watch. Similarly, the media ought to be more responsible while providing entertainment for children. According to Schlosser (2012), we should look to our chi ldren and identify their personalities and talents by guiding them through their literature (Schlosser, 2012). Parents should watch children’s movies, read children’s story books, watch children’s cartoon shows, and guide them to conceptualize what they see and learn (Lamb, Bigler, Liben Green, 2009). This will help them in choosing right from wrong. Failure to do this will lead to continuous gender stereotypes in generations to come. References Ducille, A. (1994). Dyes and dolls: multicultural Barbie and the merchandising of differences. Journal of Feminist Cultural Studies, 6(1), 46-48. Fischer, A. R., Bolton-Holz, K. (2010). Testing a model of women’s personal sense of justice, control, well†being, and distress in the context of sexist discrimination. Psychology of Women Quarterly, 34(3), 297-310. Hollis-Sawyer, L., Cuevas, L. (2013). Mirror, Mirror on the Wall: Ageist and Sexist Double Jeopardy Portrayals in Children’s Picture Books. E ducational Gerontology, 39(12), 902-914.Advertising We will write a custom book review sample on The Smurfette Principle specifically for you for only $16.05 $11/page Learn More Lamb, L. M., Bigler, R. S., Liben, L. S., Green, V. A. (2009). Teaching children to confront peers’ sexist remarks: Implications for theories of gender development and educational practice. Sex Roles, 61(5-6), 361-382. Pollitt, K. (1991). The Smurfette principle. New York Times Magazine, 7, 2224. Schlosser, E. (2012). Kids customers. English 111X F11 – Spring. Retrieved from http://engl111-f11.blogspot.com/2012/02/eric-schlossers-kid-kustomers.html. This book review on The Smurfette Principle was written and submitted by user Kathleen V. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.