Manufacturing Industry Evaluation

Manufacturing Industry Evaluation Manufacturing Industry Evaluation An oligopoly is by description a merchandise structure in which a a couple of(prenominal) star signs control the finished grocery store. These firms generally compete with in e very aspect of the merchandise, from determine to advertising and accessories for the products. In aim to determine the oligopolistic nature of an industry, ane must review the ducking ratio of the market (Case, K.E., 2009). In the case of the cardinal industries in question; bland draw, girls crook and sew dresses, envelopes, and electronic computers, triplet of these would qualify as an oligopoly. Reviewing the subject of firms and the four firm assiduousness ratios of the industries listed reveals that three of the firms would be considered to be oligopolistic. These firms would be runny milk, envelopes, and electronic computers. In the case of politic milk, there ar 315 competing firms in the market, wit h the top four firms story for 42.6% of the market (U.S. number Bureau, 2006). The unruffled milk market has a low level of disceptation within its boundaries. However, fluid milk firms have a very high level of competition with other beverage industries. gibe to the Agricultural Marketing alternative Center, the fluid milk market is mainly made up of firms which produce private chase after milks for market in sell outlets around the country (Schultz, 2012). In the Louisville, KY area the prominent fluid milk companies are Deans and southerly Belle. Barrier to entry into the fluid milk industry has the dominance to be very high. When factoring the costs of livestock, land, and equipment; a firm interested in miserable into this market would require a large sum of specie to invest. The combination of the top four firms position in the market concentration ratio and the bar to entry, the fluid milk market appear to be oligopolistic. With girls drop and sew dresses, the re are 525 firms, with the top four firms pr! operty only 20.7% of the market (U.S. Census Bureau,...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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