The Types Of Market Structures

The Types Of Market Structures
A market structure is where the physical characteristics of the market, where firms interact (). Market structures can highlight the criteria of firms, and
express the barriers that they may face with entering. There are four types of competition across various market structures. The types of competition are
perfect competition, monopolistic competition, oligopoly, and monopoly. Each types of market structures are a direct reflection of the current economic
market state. When a company assesses market structures, the company must conduct proper research on the customers, competition, and costs.
Understanding the current nature of the economy is instrumental in the success of the company in different market structures.
1. Perfect...show more content...
Even in perfect competition market, the demand and supply can shift at any moment. Most of the time, the shift has already been predicted. Within a
perfection competition market, there a different types of equilibriums. The different types of equilibriums within a perfect completion are the
competitive, long–run, and market equilibriums.
The competitive equilibrium emphasizes that a perfect competition has four common characteristics. The first characteristic of a perfection
competition is when a large number of firms produces goods or service for a market that has a large amount of consumer. The second characteristic of
a perfect competition is that there are no barriers for new firms to enter the markets at any time. The third characteristic of a perfect competition is all
of the firms in the market sell produces that are identical in nature. The fourth characteristic of perfect competition is that all firms and consumers are
price takers (). This means that the firms will have product for sale at a certain price, and the consumer will have no problem purchasing the product at
that price. Consumers do not influence the prices at all in a perfect competition.
The long–run equilibrium emphasizes that a perfect competition firms can enter and leave a market whenever they choose to. Long–run equilibriums
will initially show profits. After a long period of time, the price will ultimately end up at a stall,
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The Five Types of Organizational Structure
Manager's of an organization has to use structure to help the company run efficiently. "The five types of organizational structures are functional,
divisional, matrix, team–based, and virtual network" (Draft, 2013, p.316). Functional structure in an organization that is developed by grouping
departments by the skills, level of knowledge, activities done daily, and the resource used. "This structure places specific departments from the bottom
to the top" (Draft, 2013, p.318). For example, specific departments such as: human resources, accounting, engineering, and manufacturing are placed at
the top, while there are mostly seen at the bottom in other organizations. While common functions such as; people, facilities, and other resources are
combined together as a single department instead of being divided into multiple departments. "Divisional structure is known by the approach of having
similar skills and resources grouped together into divisions" (Draft, 2013, p.318). This occurs when a company has common goals that the company
wants to achieve. This allows all skills and departments to come together and produce the goal there are looking to achieve. In this type of structure not
one person is viewed as important than the next one, because it takes everyone to work together to produce the outcome the company wants to achieve.
"The matrix structure uses both functional and divisional structures to run an organization" (Draft, 2013, p.321). This allows the company to

Table of Contents
Introduction2
Synopsis of lateral structural arrangements and utilization of lateral relationships as legitimate avenues of information for organizations.3
Different lateral structural arrangements used within organizations that exclude project teams, matrix structures, organic systems, and professional
organizations.4
Formal and Informal Meetings4
Committees5
Coordinating Roles5
Task Forces6
Self–Managing Teams6
Network Structures7
Adhocracy Structure7
Cross Functional Teams7
Integrated Management Teams8
Process Based Structure9
Management's Insinuation of Lateral Structured Arrangements within Organizations9
References11
Introduction
The structures that subscribe to different organizations play a major role and determine how information flows throughout an organization as well as
the reporting structure within the organization. In most organizations, the decisions are made within the upper management realm, but in other
organizational groups, the responsibility of making decisions are distributed within their own group. The end factor for the most part amounts to a
lateral structural arrangement where a variety of branches work together in accomplishing a universal organizational goal rather than functioning as
separate groups or units. Lateral structural arrangements give a way to coordinate and correspondence between broadly diverse viewpoints inside an
organization, and all the more regularly changing the way of

The purposes of different types of business organization. Business organization: A group of people organized for making profit in a collective way is
known as business organization. For instance, Unilever Ltd and Lindum Group. The purposes: Most of the business organizations are operated to
make profit by proving commodities or services. It is the basic purpose of a business organization. But according to types of organizations, purposes
may slightly defer. Here, I have considered three main types of business organizations and their purposes. The public sector organizations: These types
of business organizations are run and operated by the government (Tutor2u.net, 2013). Different types of taxes collected from the people are the main
...show more content...
пЃ¶Carrying out work differently to other competitors. пЃ¶Providing the best services to the customers, clients and communities. The voluntary sector
organizations: This organization is not owned by an individual. But a specific individual is given the responsibility to run it to achieve the defined
goal. Most of the time, these organizations is formed to help its members and people like blind, poor etc. An important viewpoint of voluntary
organization is to ensure financial welfare of the members and society. Creating self dependency, solution of capital problems, development of
efficiency and coordinating ability are the basic objectives of voluntary organizations. (Willzdjibobera. 2013) 1.2 The objectives of different
stakeholders–the degree to which Lindum Group meets. In this section, I have analyzed how Lindum Group meets the objectives of different
stakeholders. Classifying the stakeholders in two categories such as internal stakeholder and external stakeholder, I am describing the ways: Internal
stakeholder: пЃ¶Shareholders: Lindum Group is firmly committed to its shareholders. It prepares reliable financial statements so that shareholders can
find all the necessary information to make decision. The shareholders have the right to contribute in decision making of the company. It ensures
handsome return and growth of business. пЃ¶Managers: They basically operate the business. So they demand high salary, job security etc. To motivate
its managers Lindum provides

Essay about Organizational Structures
Introduction
McShane and Von Glinow state that "the best organizational structure depends on the organization's external environment, size, technology, and
strategy" (409). To identify the best organizational structure for ProtegГ© Engineering, I will first determine what 'Organizational Structure' means. In
a second step I will analyze its elements and carve out the important components for the considered organization. Finally I will provide a conclusion and
recommendation. Organizational Structures
In general, organizational structure is related to the way that an organization organizes employees and jobs, so that its work can be performed and its
goals can be met. McShane and Von Glinow define 'Organizational Structure' in...show more content...
We can admit that informal communication is necessary in no routine and ambiguous situations because employees can exchange large volume of
information through face–to–face communication and other media–rich channels. Therefore informal communication is important for ProtegГ©
Engineering because their work involve new and novel situations when developing specific solutions for each client. Even if informal communication
is difficult in large firms it can be possible when keeping each production site small (McShane and Von Glinow 388). Now, that we identified what
organizational structure means, and that informal communication is necessary for ProtegГ© Engineering, we need some more information of how
structures differ from each other. McShane and Von Glinow state that "every company is configured in terms of four basic elements of organizational
structure"; namely: span of control, centralization, formalization, and departmentalization (390). Further on, I will explain these four elements and
carve out what this means for ProtegГ© Engineering.
The span of control "refers to the number of people directly reporting to the next level hierarchy" (McShane and Von Glinow 390). Today's research
found out that a wider span of control (many employee directly reporting to the management) is more appropriate especially for companies with staff
members that coordinate their work mainly through standardized skills and do not

The Four Different Market Structures Essay
This paper will outline the four different market structures. The four market structures are perfect competition, monopolistic competition, oligopoly and
monopoly. This paper will outline the difference in each structure and also show different features about each one. After the features have been
outlined it will then move onto looking at the pricing strategies needed in each market structure. The pricing strategies will then be linked together
with their market structures in a case study to show how they are related and work as one together. To bring the paper to a close it will achieve the
primary goal of showing that pricing strategies are relative to market structures.
Market Structures and their Pricing Strategies
Market structure is the interconnected characteristics of a market, such as the relative strength and number of buyers and sellers, level and forms of
competition, extent of production difference, and ease of exit and entry into one of the markets ("What is market structure? definition and meaning –
BusinessDictionary.com," n.d.). Market structures can be broken down into four categories they are Perfect Competition, Monopolistic Competition,
Oligopoly, and Monopoly.
Perfect competition is when the market is controlled by a large number of competitors and because each firm claims only a very small market share,
none has the power to control the price. (Stockdale, 2011) The price is determined by supply and demand of the product and there is

Different Types Of Market Forms Essay
INTRODUCTION
IN THE BELOW PROJECT I HAVE STUDIED AND GIVEN A REPORT ON DIFFERENT TYPES OF MARKET FORMS THEIR
CHARACTERSTICS AND HOW THEY ATTAIN EQUILLIBRIUM OR MAXIMISE THEIR PROFIT IN SHORT RUN AND LONG RUN
EQUILLIBRIUM .
THE PROJECT HAVE BEEN RESEARCHED UPOMN BY THE METHODS OF BOOKS AND CERTAIN TOPICS ONLINE FRON THE
INTERNET
Perfect competition
Characteristics of perfect competition
1. There are large no of sellers i.e. producers in the market /industry producing a commodity
2. The firms or sellers produce exactly similar products . Hence, we can say that under perfect competition there is production of homogeneous
products.
3. With large of sellers there are also large no of buyers in the market
4. The sellers under this market are price takers bcoz of large no. of sellers. Therefore, there is no particular seller have influence on market price i.e.
price of the commodity is taken as given
5. There are no barriers to the entry or exit of such kinds of markets
CONCEPT OF REVENUE
Total revenue = PГ—Q
The amount earned by selling the q no of products at certain price p where p is the price of commodity and q is the quantity sold
Average Revenue
It is the revenue earned per unit of output sold
A.R = T.R./Q PГ—Q/Q =P
HENCE A.R =P
Marginal Revenue

It is the increase in total revenue obtained by each additional unit of good / output M.R. =T.R.(n+1) – T.R.( n)
Profit maximization
The firms profit

This report will be elaborating the impact that different types of organisational structure can have on organisational behaviour. Throughout the report
there will be comparisons between the different types of organisational structures. In order to understand how structures have an impact on relationships
in an organisation two distinctive companies ASDA and The Manchester College will be supporting the analysis. The Manchester College is an
education institution for 16–18 year olds. It also provides further education for adults. The college mainly works because of the good service it
provides for the students. However, Asda is a one of Britain's biggest retail supermarket providing affordable goods or products to customers. Asda's
purpose for running the business is to make profit and meet customers' needs to the best of their ability.
2.Purpose of Organisational Structure
Organisational behaviour is expressed as "...the study and understanding of individual and group behaviour and patterns of structure in order to help
improve organisational performance and effectiveness" (Mullins, 1999, p.14). Elaborating on the definition it appears that different structures of an
organisation can influence organisational behaviour. Every organisation needs a clear structure as it allows the organisation to respond as best as it can
to its market and customers. Having a clear direction in an organisation is vital for both the employers and employees. A structure is the relationship
among

Organizational structure For any organization to be effective there has to be an effective organizational structure in place. An organizational structure is
therefore a typically hierarchical arrangement of lines of authority, communications, rights and duties of an organization. In other words it is a form of
structure that determines the hierarchy and reporting structure in the organization. In lay mans language it is referred to as organizational chart. An
organizational structure that is well thought out and strategic helps support good processes for communication and also clarifies the lines of authority
that are in existence and reporting relationships so that to assure the work processes flow in a defined process. There are different types of
organizational structures that can be classified using different criteria. These organizational structures can be adopted by different organizations
(Ingram, 2012). Decisions on the specific organizational structure that an organization adopts are from the senior management, they also determine the
natural reporting relationships and chain of command. These decisions are determined by the objectives and strategy of the organization. These
reporting relationships can be both vertical as well as horizontal. These structures help in coordination, controlling and act as a tool for motivation of
employees toward the organizations goals. This paper will look at a comparison of different organizational structure that can be

P1 Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures. An organisation is many
people gathering together to complete a target and reach for their goal and target. In the organisation there are different groups from one person to
a multi numbers of people. There are many different types of important aspects to consider within the organisations goals. Public Sectors Public
sectors are owned and run by the government for the people. People pay taxes to government and this money is used to finance most of the public
sectors. The main aim of public sectors organisations is to provide essential public services and use resources well for the benefit of the
community. The home office, HM Treasury, The Police. Private Sectors Private sector businesses are owned by run by private individuals.
Example of the private sector business are franchises, companies (private or public), partnership business, and sole traders. Aim of private sectors
organisations are making profit, growing their business, increasing market share and maximise sales. Tesco, Apple, BMW. Voluntary Sectors.
Voluntary groups are not owned by any individual people. However, some will be responsible for ensuring that it set targets and budgets and does
what it is set up to do. In most instances they try to help types of people like guide dogs for the blind or Oxfam etc. to survive they must at least
break even (for an example spend no more than

Introduction:
This report will be about different types, and purposes of Public, Private and Voluntary sectors and their Legal structures. Explanation of the size and
scope of range of different types of organisations will be mentioned here. This report will also contain the definition of the relationship between
different organisational functions and how they link to organisational objectives and structure, then the positive and negative impacts the macro
environments will be identified and explanation of how strengths and weaknesses interrelate with external macro factors will be mentioned.
P1: Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures
The term "Organisation" can originate dozens of definition on the web, but what it can bring them down under one roof in a common platform is , all
definition refer to five common features.
Organisations are composed of individuals and groups of individuals
Organisations are oriented towards achieving collective goals
Organisations consist of different functions
Organisations functions need to be coordinated
Organisations exist independently of individual members who may come and go.
One type of organisation is public sector. This sector is owned by the government where people have to pay taxes to the government as it brings
opportunities and rewards the community. Governments in different countries have their own way to fund for their public sector.

Introduction
The purpose of the paper is first to identify the three main types of organizational structures and provided positive and negative attributes for each.
Secondly, to elaborates on the general systems theory and boundaryless organizations. Additionally, it compares the challenges, pros, and cons of the
virtual and traditional teams. Lastly, it differentiates a shareholder from a stakeholder and addresses the concept of emerging stakeholders.
Organizational Structures
Alexis Writing (n.d.) states, "organizations are set up in specific ways to accomplish different goals, and the structure of an organization can help or
hinder its progress towards accomplishing these goals. There are three main types of organizational structures: functional, divisional, and matrix
structure."
Functional Structure. A functional structure is a common type oforganizational structure in which the organization is divided into smaller groups based
on specialized functional areas. For example, in this type of organizational structure there may be an advertising department, a general accounting
department and a customer service department. Each department consists of specialists who can operate independently with management acting as the
point of cross–communication between functional areas, which allows for increased specialization and efficiency. However, the drawbacks to a
functional structure are that the coordination and communication between departments can be restricted by the

P1: Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures.
What is an organization?
An organization is a group of people, such as a foundation or an academy that worked together to accomplish multiple goals and is associated to an
external environment. There are different types of organization, some organization formed to earn income for its owners but some other organization
which called non–profits are worked for public purposes. There are 3 main types of business organization Such as:
Public Sector Organizations:
Private Sector Organizations: Voluntary Sector Organizations:
Public Sector Organizations: Public Sector Organizations is operated and owned by the Government for the people of the state. Source of funding for
this sector usually raised through public taxes, fee and through financial transfer from central government to local government. Example of public
sectors organizations are: NHS (National Health Service), DfT (Department for Transport), HM Revenue & Customs (HMRC)
Private Sector Organizations: Private Sector Organizations operated and owned by the private individual instead of government and usually aimed to
make profit for its shareholders. Around the world the most business activities are in private sectors. Some of the well – known private sectors
organizations are: Coca–Cola, Google, and Amazon.
Voluntary Sector Organizations: Voluntary Sector Organizations are not owned or

Different Organisational Structures And Cultures
1.1 Compare and contrast different organisational structures and cultures.
Organisational structure
According to Robbins and Judge (2008), the structure of an organisation determines the way duties and tasks are split as well as coordinated inside the
organisation. Any structure utilised by an organisation would depend on the size of that organisation and also the purpose and goals for which the
organisation stands for (Brooks, 2003). For example, there is the product or activity based structure, the functional structure and the matrix structure.
Product based structure
In using a product based structure, the major concentration is the activity been carried out. Individuals from different disciplines work in the same
section with a general or common goal. In addition, there is some form of competition amongst the different sections. However, this type of structure
can block communication and cause a lack of target similarity.
The functional structure
Unlike the functional structure has an arrangement that is based on the role that is performed by the different sections of the organisation. This means
that each unit/department is focused on its area of capability or expertise and therefore enable them specialise in their areas. For example, the Human
resource department, sales and marketing department, logistics department etc. Usually, someone is made accountable for this division hence, there is
increase in accountability. Functionality is also very clear. On the other

1.1 Compare and contrast different organizational structures and culture
Organizational structure:
Every organization was established to meet needs or goals, for example, to provide goods or services. Organizational structures may form in many
ways; these were influenced by factors such as the purpose, size of the company or the complexity of the tasks it performs, and the external
environment and culture. Moreover, the products, services or the location of the organization will also determine which structure was the best. The
structure chosen will govern the way in which the organization operates and could occur either positive or negative effects. Below are some types of
organizational structure that usually see.
Functional Structure–
The functional...show more content...
At each stage in the chain, the upper level had a number of subordinate, within their span of control. A tall hierarchical organization has many levels
and a flat hierarchical organization will only have a few. The chain of command is a typical pyramid shape.
Matrix organizational structure–
The matrix structure organizational was a hybrid of divisional and functional structure. Typically used in large multinational companies, the matrix
structure allows for the benefits of functional and divisional structures to exist in an organization.
Geographic organizational structure–
Geographic organizational structure allows for each business unit or office to operate as its own entity based on where it's located. Many
organizations may experience more or less business opportunity in different places. This can increase or decrease financial budgets, revenues, the
number of employees at the location and their salaries. An area's cost of living may also play a factor in the overall operations at each location.
Organizational

Introduction
It is needless to say that the ultimate success of an organisation is heavily dependent on the performance of the people in the organisations. However, it
is seen that different organisations share different cultures and behavioral pattern among the people in the organisation. In that case, the organisations'
behavior and culture can be differentiated from each others' in terms of the behavior, ethics and the organisational hierarchy etc (Robbins and Coulter,
2005). In this assignment, the organisational structure, peoples' behavior and other dimensions of the organisations in terms of the behavioral pattern,
values and the styles of the people and managers in the organisations have been addressed choosing some organisations to show the scenario.
1. Task 1
1.1 Compare and contrast different organisational structures and culture. You can choose to cover from the following categories.
There are some types of the organisational structures such as tall, flat, hierarchal and etc. In addition to that, the control of an organisation can be
centralized or delegated. However, different types of the organisational structures suits different organisations that are made for doing different kind of
jobs (Robbins and Coulter, 2005). In this case, tall and flat organisational structures are chosen for contrasting the organisational structures along with
example.
Tall Organisations: Tall organisations actually have many layers in the chain of command. The directions and the

Major Types Of Social Structure Theories
In a narrative, I will compare and contrast the three major types of social structure theories, and the three major types of social structure theories are
social disorganization theory, strain theory, and culture conflict theory. Also, I will, include the major principles for each perspective. In this I will
define social structure , and I will detail key points in each of these subjects. Introduction Social order,and economics in society explains crime by
reference to the Social Structure theory. This type of theory makes important relationships among social institutions and recount the types of behavior
that differinate groups of people from certain Individuals.There are three major types of social structure theories. The first theory is social
disorganization, and this theory lack of alerting, not even development of culture, social change, and conflict, This is the conditions that exist when
faced with these conditions. A sociological approach that propose a separation between socially and sub culturally sanctioned goals and means as the
source of criminal behavior, and this is the strain theory. Culture conflict theory perspective on crime suggest that the main cause of being a criminal
can be found in a inconsistennse of values in the middle different socialized groups over what is acceptable . These theory focus on the way in which
society is organized. They are organise by their group, or class. In comparison all of these theories believe that social structure in

Organizational Structure
Task 01 1) Discuss different organization structures and identify the type of organizational structure that do you thinks suitable for your selected
organization?
Organizational structure Organizational structure is the way in witch an organization's activities (job tasks) are divided, organized and coordinated.
Organizational structure is the way in which and work, authority resources of an organization have been divided among members.
Types of organizational structure в–Є Entrepreneurial structure в–Є Bureaucratic structure в–Є Matrix structure
Entrepreneurial structure
Most organizations start life as an entrepreneurial structure in that...show more content...
A useful example is retail banking or the work of building societies. Here the operations have to be standardized, not only in all branches of the same
bank but also between competing banks, so that customers find the system easy to deal with. The work of bank clerks and, in a different way, bank
managers requires knowledge, skill and accuracy, but it must be carried out strictly in accordance with the rules and there is little scope for
individuality apart from one's manner in talking with customers and manual dexterity in counting banknote. Bureaucracy provides scope for economies
of scale and extensive specialization at the expense of flexibility and product innovation. Their predictability provides a secure environment for the
employee and a clear line of safe career progression.
Chief Executive
The matrix structure
As the entrepreneurial and bureaucratic structures have such obvious drawbacks, a third general mode has been evolved and used IV some situations:
the matrix. The method is simply to overlay a second set of hierarchical connections over a first, but at right–angles to it. This was first developed in the
American aerospace industry because of government demands for a single project manager who would be responsible for the progress of each
government contract and to whom government officials could channel all their queries and instruction. Companies

Different Types Of Market Structures
Market Structures A market is defined as an institution that brings together buyers (demanders) and sellers (suppliers) of a particular good or service.
A Market structure is the relationship among the buyers and sellers of a market and how prices are determined through outside influences. There are
four different types of market structures. Two on opposite extremes, and two comfortably in the middle. On one end isperfect competition, which acts
as a starting point in price and output determination. Pure competition is when a large number of firms sell a standardized product, entry and exit is
very easy, and an individual firm cannot control the price. On the other extreme end is Pure monopoly. A monopoly is characterized by an absence of
competition, which will often allow one seller to control the market. A Pure monopoly is essentially the same thing, but also includes near impossible
entry and no substitute goods. Two more common market structures are monopolistic competition and oligopoly. Monopolistic competition has a large
number of sellers producing different products, while an oligopoly has only a few number of sellers producing similar products. All in all pure
competition, pure monopoly, monopolistic competition, and oligopoly are all unique market structures with differing characteristics, but have one
main goal, profit maximization. A pure competition market may be be rare in the real world, but it acts as a vital introduction into the topic of markets.
To

The Types Of Market Structures

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