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devoid of global competition

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Which industries operate almost devoid of global competition? Which inherent immunities do they enjoy?

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Industries that operate devoid of global competition are those that are so highly customized as to render global competition impossible. Examples include specialty retailers and service industry firms (firms with a high level of face-to-face consumer contact). For example, direct service industries such as pest control franchisers and coatings retailers and specialty retailers such as industrial supply warehouses, home builders, etc.

Specialty supply houses do face global competition from firms that buy cheap goods in China and ship direct ...

Solution Summary

The solution examines which industries are devoid of global competitions. The inherent immunities which play are determined.