This is a presentation on market structure - topic of Economics -
It includes:
What is Market?
What is market structure?
Characteristics of Market
Classification of Market
1)Area or region
2)Time
3)Functions
4)nature of Commodity
5)Legality
Types of Market structure
characteristics of all market structures
This can be useful for BBA student of 1st year.
This is a presentation on market structure - topic of Economics -
It includes:
What is Market?
What is market structure?
Characteristics of Market
Classification of Market
1)Area or region
2)Time
3)Functions
4)nature of Commodity
5)Legality
Types of Market structure
characteristics of all market structures
This can be useful for BBA student of 1st year.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Theory of the Firm (Product, Cost, Revenue, Profit)ShadiAR
Following this presentation you will:
- Understand what the Theory of The Firm means
- Explain the firm behavior to minimise cost
- Understand the firm behavior to increase productivity and economics efficiency.
- Explain the firms behavior to maximise profit.
- Understand the concept of Economy of Scale.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Theory of the Firm (Product, Cost, Revenue, Profit)ShadiAR
Following this presentation you will:
- Understand what the Theory of The Firm means
- Explain the firm behavior to minimise cost
- Understand the firm behavior to increase productivity and economics efficiency.
- Explain the firms behavior to maximise profit.
- Understand the concept of Economy of Scale.
perfect competition, monopoly, monopolistic and oligopolysandypkapoor
Price determination under different market structure and characterstics of all these market stractures along with graphical presentation of Perfect competition, Monopoly, Monopolistic and Oligopoly market structue
This chapter covers the types of market such as perfect competition, monopoly, oligopoly and monopolistic competition, in which business firms operate.
This presentation outlines how market share forms from a network perspective.
It is based on an oldish paper I wrote for the 2009 Southern African Marketing Research Association (SAMRA) Conference. It subsequently won the WPP Atticus "Research in Practice" award.
Please drop me an e-mail if you have any questions, comments or would like a copy of the deck.
Note that the SlideShare conversion process has corrupted some of the slides (e.g. slides 20, 26)
Marketing involves a range of processes concerned with finding out what consumers want, and then providing it for them. This involves four key elements, which are referred to as the 4Ps. A useful starting point therefore is to carry out market research to find out about customer requirements in relation to the 4Ps.
This presentation is made for " Introduction to business" course. It is about Types of competitions in sales market or Market Structure which has 4 types ; Perfect, Monopolistic, Oligopoly, and Monopoly. It includes case study of " Wal-Mart " as well. ( but i'm not sure if it's accurate )
File Format : PPT Power Point 2003 or Higher.
Miss Nannapat K. ( MUM )
Tim3flies
This presentation is made for " Introduction to business" course. It is about Types of competitions in sales market or Market Structure which has 4 types ; Perfect, Monopolistic, Oligopoly, and Monopoly. It includes case study of " Wal-Mart " as well. ( but i'm not sure if it's accurate )
File Format : PPTX Power Point 2007 or Higher.
Miss Nannapat K. ( MUM )
Tim3flies
Running head: Strategic Analysis 1
Strategic Analysis 8
Wal-Mart Corporation: Strategic Analysis
Name: Michael Carlson
Instructor: Robert Waters
Course: Bus480
Institution: Argosy University Online
Date: Jan 6, 2016
Wal-Mart Corporation: Strategic Analysis
Overview
Wal-Mart Corporation is a leading chain of retail stores in the world. It serves various global markets in the world operating in the United States, Canada, Mexico and other countries in the world. It has its headquarters in Arkansas in the United States from where its global operations are managed. Sam Walton founded Wal-Mart Corporation in the year 1962. It became incorporated as a trading company in the year 1969 and began trading in the New York Stock Market in the year 1972. Wal-Mart has witnessed immense growth due to sound management. It had more than 3,000 stores and 750,000 employees. It had annual revenue of more than $ 100 billion as at the year 2012. Wal-Mart uses different names in the countries it operates. In Mexico it is called Walmex. It is goes by the name ASDA in the Great Britain and Seiyu in the Eastern Asian country of Japan. Wal-Mart also operates in Canada, Brazil, Argentina and Puerto Rico as a wholly owned company. Wal-Mart consumers can also shop Wal-Mart through their easy to access the website (Wal-Mart, 2014).
Mission, Vision and Values
Wal-Mart’s mission statement is “saving people money so they can live better lives”. Wal-Mart’s mission statement influences decision-making and service delivery at all Wal-Mart’s stores. Wal-Mart’s mission statement aligns to its slogan “Save money live better”. The firm executes its mission statement by offering goods to consumers at low prices. The company, however, fails in fulfilling the second component of its mission statement that is enabling people to live better lives. According to Ungar (2013), one of the major criticisms of the mission statement is the low wages it offers to its employees that make it impossible for its employees to make ends meet. People also criticise Wal-Mart due to the low quality imported products it sells to its customers. There have been numerous claims of Wal-Mart selling hazardous products to consumers in some of the stores.
Wal-Mart’s vision is “To be the best retailer in the heart and minds of consumers and employees”. It aspires to become a global leader in the retail sector. Wal-Mart has already succeeded in fulfilling the part of the vision statement that targets global leadership in the retailing industry. Its vision statement points to the hearts and minds of people. Wal-Mart provides an opportunity for its employees and consumers to benefit financially in a bid to win their hearts. Wal-Mart appeals to the hearts of its Employees by giving them an opportunity to earn wages and those of their customers by enabling them save money by selling them goods at low prices. (Wal-Mart, 2014)
According to Meeks & Che.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
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The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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http://sandymillin.wordpress.com/iateflwebinar2024
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Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
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The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
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12. 1. What industry Wal-Mart
is competing in?
GENERAL
MERCHANDISE
RETAILING
INDUSTRY
13. 2. Which market structure should Wal-
Mart be considered?
Monopolistic
• There are a lot of retailers (competitors) like Wal-Mart in the market.
• It is easy to be general merchandise retailers.
• Wal-Mart can control over the price by dumping it down while
others(small retailers) cannot.
• The products are differentiated by product testing tactics to
let the customers perceived that they are The new, improved Great
Value products and redesigning Great Value packaging graphics
although it may be still similar or same.
According to
theory
14. Wal-Mart
might be
considered as
“Oligopoly”
Wal- Mart is the 1st in
retailing market.
In a world where most
retailers are categorized as
having a monopolistic
competition market
structure, Wal-Mart Stores
Inc. appears to have an
oligopoly market structure.
Nevertheless, because
there are far too many
retailers to deal with, then
they also have a
monopolistic competition
market structure.
Regardless, Wal-Mart would
rather have it this way
because it has not hurt them
at all by having competition.
15. The other general merchandisers cannot exist.
The customers buy the cheaper products at only Wal-Mart.
More convenience More services
The other small retailing businesses can’t cut their price like Wal-Mart
( cannot compete with Wal-Mart’s dumping )
When the prices at Wal-Mart are much lower.
3. Which determinant of demand/supply is affected causing change in
demand/supply of products in the general merchandise industry? How? Explain
and draw the diagram to illustrate the effect.
PRICE
DETERMINANT
16. 4. As the result of Wal-Mart’s action, which determinant of
demand/supply is affected causing change in demand/supply of
superior products? How? Explain and draw the diagram to illustrate
the effect.
17. LEVI top brands had
declining sales
Levi hooked up with Wal-Mart to
produce a low cost jeans.
The price pressures meant that Levi
Strauss has ceased all manufacturing
operations.
Resells Asian-made jeans under its
trademark. Its quality is far inferior to
the original one.
They're cannibalizing sales of Levis top
brands.But the new jeans are cheap.
EXAMPLE OF EFFECTS from Wal-Mart to Superior Products
Wal-Mart has
squeezed suppliers till
they scream, and
forced them to move
jobs abroad to keep
cutting costs