Purchase Solution

Competition in the Market

Not what you're looking for?

Ask Custom Question

Unless your product is truly new and unique, there will be competitors. Whether it is street vendors, the government, or other businesses, there is always someone looking to tap into a new market. Identify the competitors, if any, in the market you have selected. My selected market is water purifiers of Amway. Describe how you could position your product relative to others in the marketplace.

Purchase this Solution
Solution Summary

This solution provides a detailed explanation of the given business analysis questions.

Solution Preview

Water purifiers come in all types and sizes for home and commercial use. There are types for on the go and portable, used in camping, RV's, and days out. There are on the counter, under the counter, whole house and single room use purifiers. Some use filters or chemically treated methods for ...

Purchase this Solution
Free BrainMass Quizzes
Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Basics of corporate finance

These questions will test you on your knowledge of finance.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

View More Free Quizzes
Related BrainMass Solutions

  • Which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new firms

    perfect competition b. monopoly c. oligopoly d. monopolistic competition 3. Based on your reading, which market structure is most applicable for the market for commercial diamonds in the 1970s?

  • Market Structure Classification

    As discussed before, this is not the market Publix is in. Monopolistic competition seems to be a better description than perfect competition, but still not correct.

  • Market structures

    Please provide in detail the analysis of the following market structures: Perfect competition Monopolistic Competition Oligopoly Monopoly Perfect competition What Does Perfect Competition Mean?

  • four market types

    Perfect Competition 4. Monopolistic Competition The market is mainly divided in two types one is the imperfect competition and the other is the perfect competition.

  • Optimal pricing strategy

    325120 Optimal pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are relatively straightforward.

  • Comparing different market structures

    348381 Market structure Address the differences between monopolies, monopolistic competitions, and oligopolies. Please refer attached file for solution in tabular form. Market Characteristics 1.

  • Examples of market structures

    Perfect competition, because it optimizes the allocation of resources. This solution gives an example of a firm in each type of market: perfect competition, monopoly, monopolistic competition, and oligopoly.

  • Competitive Markets: Identifying them

    - Pure competition: In this form of competition there is no single participant who is so large as to have the market power to set the price of the product. One example is that of grain (as a commodity).

  • pharmaceutical industry's market structure

    In case the market had monopolistic competition the situation would again be as in perfect competition. In the long run prices will be lower and quantities higher than in oligopoly but chances of new drugs coming to the market will be lower.

  • Imperfectly competitive markets

    Classification of the imperfect competition market: 1. Monopolistic competition It is mixture of monopoly and competition. In this market situation, both elements of monopoly and competition are present.

View More Related Solutions