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Competition markets, image, image, image, image, image, image, image,…
Competition markets
Monopoly market
They are commercial spectrums
A single brand is responsible
for the sale of a product or service
This situation is basically explained
High number of entry barriers
that are imposed on companies
that aspire to compete
Monopsony Market
Consumers have a leading role
consumers have a leading role
after their business decisions
they are able to change
or at least influence
the price of products
Demand must be much higher than supply
Customers
have a very high bargaining power in this model
go a little further and analyze who exactly your competitors are
Perfect competition market
So many consumers
offers and brands interact
that none of them is capable
of influencing the price of products on its own
Competition is always the order of the day
Goods and services are generally the same or similar
Imperfect competition market
Intermediate market
It can occur in two variants
when there are many companies offering similar (not identical) products
When there is a high number of buyers but few sellers
Between monopoly and perfect competition