Draw an inference about competitiveness of an industry
Not what you're looking for?
Are we able to draw an inference about competitiveness of an industry from profitability? Or would we need more information to see the competitive level of an industry? Also, would the rate of return earned on capital be enough to infer the competitiveness of an industry or what other information would be needed?
Thank you for your help.
Purchase this Solution
Solution Summary
The expert draws an inference about competitiveness of an industry.
Solution Preview
Even though industry profitability is one of the factors can that can be used to analyze the competitiveness of an industry, there are several other factors that needs to be analyzed as well, including the return earned on capital or ROI, number of firms in the industry, barriers to entry, industry growth rate, concentration ratio, government regulations, etc. We need to analyze all these factors simultaneously to ascertain the degree of ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
- "Thanks"
- "Thanks"
- "Very good! "
- "thanks"
- "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.