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market structure of the electronics retail sales

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Identify the market structure of the electronics retail sales industry. Discuss possibility of short-run and long-run profits in that industry and for Circuit City Stores Inc.

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Solution Summary

The retail electronics market is explicated.

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The retail electronics market consists of the total revenues generated through the sale of audio, video, and games console products designed primarily for domestic use. The audio sector consists of hi-fi systems, cassette, CD, Minidisk and MP3 recorders and players, personal stereos and radios. The video sector consists of CRT and flat-panel television sets, videocassette and DVD players and recorders, camcorders, digital cameras, and set-top boxes. Games consoles consist of all hand-held and plug-in consoles. Today retail electronics market still remains highly competitive and is estimated to grow by 10-15% every year. The biggest problem for manufacturers in this ...

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Umut Oltulu, MBA
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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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