Essays on Competition

In Car Guys vs. Bean Counters, Bob Lutz outlines many challenges that General Motors (GM) faced. Fortunately, with Lutz’s experience and expertise, he was able to turn things around for GM. After reading chapters one through seven, I was able to take away two business...

Nowadays, a growing number of companies merge with the aim to collect more information and gain a competitive advantage. Due to the network effects, caused by the accumulation of data, these data-driven markets are highly monopolised. The Supervisor of Data Protection at European level, Giovanni...

Throughout the history of mankind, social competition has been deemed as a driving force in human evolution, as well as one of the fundamental pillars in structuring individual interactions and communities. However, considering our changing society as well as the complex and interconnected challenges the...

From the date of June 17, 1971, there was a particular message displayed to the congress by President Richard Nixon that discussed drug abuse prevention and control. Nixon remarked that the US was beginning to be at war with what has become a big issue...

An oligopoly is a market in which each company’s product is not unique and the number of competitors is limited. It is characterized by : Basically homogeneous products, such as basic chemicals or gasoline.  .Relatively few sellers, such as some large companies and many small...

The article “Perfect Competition in Markets with Adverse Selection” by Eduardo M. Azevedo and Daniel Gottlieb discusses the concept of competition within the market. Some of the unique characteristics of competitive markets include a large number of producers that rival each other in meeting the...

Consumer behaviour can simply be conceptualized as the study of individuals, groups, and organizations with relations to all activities associated with the buying, use, and disposal of goods and services. In all fairness, consumer behaviour encapsulates the emotions, attitudes, and preferences that affect the buying...

With the technology that is available today, new companies that offer goods or services can be developed and indulge into a market very quickly which causes more competition amongst those already in the industry. Consumers love to have the newest and most recent good that...

News:It is in News that Tim Hortans One of the largest North America Quick Service Restaurant Chain to enter in to the Partnership with Cartesian Capital Group to develop its 1500 Restaurant Brand in all over china in next ten years. Looking at Canadian’s Chinese...

Increasing global competition for sporting success is encouraging nations to adopt strategic elite sports policies. The net result of this is a seemingly similar elite sports development system which is ostensibly based around a near uniform model of development, with subtle local variations. Often countries...