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Market Trends and Disney

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Market Trends Paper

Describe market trends that Disney Co. (Theme Parks) will face. Explain your conclusions. In your paper address how each of the following will change or will not change, and why:

a. Market structure (ie degree of competitiveness in industry)

b. Impact of new companies entering the market (ie =/- for company/industry)

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Solution Summary

Market Trends Paper

Describe market trends that Disney Co. (Theme Parks) will face. Explain your conclusions. In your paper address how each of the following will change or will not change, and why:

a. Market structure (ie degree of competitiveness in industry)

b. Impact of new companies entering the market (ie =/- for company/industry)

Solution Preview

The market structure of Disney theme parks in the United States is an oligopoly market structure. Oligopoly refers to a market structure in which a small group of firms control the market. It is similar to a monopoly in which one company exerts control over most of the market, except with an oligopoly at least two firms control the market. An oligopoly typically has high barriers to entry, which would certainly be true with theme parks, as the price tags are quite high for building, operating, creating, marketing and staffing the park. Disney is one of a small group of firms that are in the theme park family in the United States. There are only a few other ...

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