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International Market for an Automobile Company

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If you were the owner of an automobile company and decided to market internationally, what kind of competition would your business face?
• Would you face imperfect, monopolistic, oligopolistic, or perfect competition?
• What sort of circumstances would you have to be aware of, and why?
• What if you were a major retailer in the United States?

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The solution discusses the international market for an automobile company. It discusses what kind of competition would your business face.

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International Market

* If you were the owner of an automobile company and decided to market internationally, what kind of competition would your business face?
Consider: What 'type' of automobile company [manufacturing? Retailing? Wholesale?]? Keep in mind that the TYPE of business will totally determine what kind of competition your business will face. What if your auto company only sold tires, or other parts, such as windshields, seats, interior carpets, or engine pieces? The market would be much different, you see? Expand on this and either focus on "parts" a ...

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