Monopoly Reports Samples For Students

In a market economy, monopolies tend to have only one seller. However, it is close to impossible to have a pure monopoly where there is only one firm in the global market. As a result, monopolies tend to be defined as a market with few firms competing against each other. These firms have the power to hold the price above the socially optimal point. This is known as the monopoly power. A monopolistic market does not have the luxury of free entry and exit of the market (Perloff, 2004, P.109). This is because most of these monopolistic companies have barrier to entry by ...

This is one of the oldest merchandising companies in the English speaking nations. Eighteen merchants and noble men, who were encouraged by two French explorers, Sieut des Groselliers and Pierre Esprit Radisson that the area surrounding Hudson’s Bay held economic potentials, incorporated the company. The company was named The Governor and Company of Adventures of England Trading in Huston Bay and has never changed the name since then. In 1670, it received a royal charter that granted it governmental authority and monopoly of trade in the whole region that was drained by the waters flowing at the bay. That ...

Executive Summary

It is important for an organization to understand the changing markets and behave in the manner that it can meet the dynamic market requirements and that is the only reason it can move ahead the competition in the long run. The inference drawn from this report is based in a discussion of the market strategies and the forces that drive the market. A comparison of Dell and Microsoft gives us a detailed idea of how a major player enters the market and enjoys monopoly which is lost in case if new entrants enter the market and start taking the market share. The ...

Introduction – Role as change agent & OD specialist:

This is the New Zealand’s largest airline operating in more than 15 international and about 27 domestic destinations. It has been included in the world’s largest 20 airlines after the acquisition of Ansett Australia group. It carries almost 12 million travelers and millions of cargoes through 2 laces flights per year and has more flights than any other airlines in New Zealand, Australia and other pacific regions. It was started in 1940 with the name of Tasman Empire Airways limited which provided service across Tasman Sea with the flying boats. In 1953, it was owned by Governments ...

Business Environment.

Economists classify factors of production into four categories: Land, labor, capital and enterprise (MANKIW, 2011). Land is a natural resource that includes ground space, air, seas, oceans etc. The owners of land are referred as landlords and its rewarding factor as rent. Land is considered as the prime factor of production since the other factors need a surface for them to be effective. Labor refers to human input such as skills, knowledge, expertise and management. It is classified according to quality, skills and qualifications. The owners of labor are referred to as laborers while the rewards are wages and salaries.
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Antitrust practices refer to the laws and actions designed by the government for the purpose of preventing monopoly and promoting competition among the firms in order to achieve allocative efficiency . During the aftermath of the American Civil War between 1861 and 1865, several regional markets gained the opportunity of expanding into the national market as a result of improved transportation, industrialized methods of production and advanced corporate structures. As a result, by the 1880s, dominant firms emerged in several industries, including sugar, coal, petroleum, tobacco and many others . These firms set up certain decision groups, known as trusts in order to ...

Marginal revenue

Marginal revenue is the difference expressed considering the number of units sold. It may also be the change in cost of a product when the production changes by one unit. Total revenue, on the other hand is the total sum received after completion of a business transaction (Posner, 1999). Its relationship to marginal revenue determines the amount of profit that is derived. Marginal revenue is subtracted from total revenue to get the profit.

Marginal cost

Marginal cost is the point of profit maximization where by a firm has done all in its power to minimize on other expenses. The final price of a product is ...

Introduction

The main objective of this paper is to understand business environment in relation to how economic factors and government regulations impact business decisions and activities. It begins by explaining the different processes of allocating and distributing limited resources in various economy systems. Then the paper assesses the impact of fiscal and monetary policy on business organizations and their activities. In this section, the paper develops a discussion of how expansionary and contradictory policies impact on the business environment. Using Orange UK as an example, the paper then develops an evaluation of the impact of competition policy and other regulatory mechanisms ...

Abstract

Financial analysis is an essential tool in the hands of the manager, as it is with its help the decisions related to the company’s finances are taken. Without the analysis and grounds for making such management decisions, the firm cannot achieve the desired level of income, or the lack of financial settlement will lead the company to bankruptcy. The purpose of the assignment was to perform financial analysis of a company listed on the Bursa Malaysia. Dominant Enterprise Berhad was chosen for the completion. The Malaysia-located company turned into public listed organization with thirteen subsidiaries, operating on production ...

Managerial Decision Making Research and Analysis

Introduction
The report aims to select any particular organization and presents the analysis of the managerial decisions of that firm that has been taken over time. For the attainment of this objective, “IKEA” a leader in retail furniture industry has been selected, and detailed analysis of the managerial decision making capabilities of the firm has been done. The paper has been distributed in multiple sections that elaborate the decision-making approaches of the company, competitive environment, economic and industry environment and company’s strategies in response to these situations. The paper presents the in-depth analysis of the strategies of the ...

Introduction

A prescription drug is that pharmaceutical medication that requires a medical prescription before use. There are many processes involved when introducing a new prescription drug. The process usually begins when a lead compound is identified. Various factors determine the research and development costs for innovative new prescription drugs. The research process includes the pre-clinic research on different microorganisms and animals, clinic trials, and finally getting the approval to sell the drug to people.

Preparation Process

Industry Overview
The pharmaceutical industry is of great importance to many economists as it is highly competitive. In the recent years, the industry has been brought ...

The establishment of the GrainCorp as a grain Elevators Board during the time of change a bulk grain terminal that had been proposed to Sydney at the turn of the century when the workers were bagging grain manually. GrainCorp became into existence as the main Grain Elevator board during the period of time when the changes on the heavy grain end had been decided on for Sydney at the beginning of the century when the employees were believed to bag the grains. This was proved by the New South Wales Government department of Agriculture. The export of bulk grain became a tremendous ...

Anti-trust law aims at ensuring fair competition in business. The law proceeds from the position that the presence of free trade enables businesses to thrive, and benefits the consumers and the economy. In its quest, the anti-trust law has had far reaching effects on business practices and their organization especially in the United States. To this end, the law has evolved measures to proscribe monopolization and restraints of trade by businesses among other practices.

Reason for creating the law

The Sherman Anti-trust Act was the first piece of legislation to be enacted by the United States Congress to proscribe trusts and other non-competitive practices. ...

Executive Summary

Microsoft is the leading producer of software applications for personal computers and is largely responsible for making the personal computer present in every home or office.

Microsoft revolutionized the computer industry mainly through its operating systems, which started with MS-DOS in 1980. However, with the difficulty of its use, Microsoft came out with an operating system that had an interface, which was more user-friendly. This was Microsoft Windows, which underwent many versions throughout the last two decades.

Microsoft became the PC software company with the highest sales by 1988.

Windows became the most widely used operating system in the ...

Vertical and Horizontal Integration

Technology Sector and Structural Changes

Technology, by any measure, is the most competitive and fast moving industry, and businesses have to develop new structural strategies to maintain their competitive sustainability. The survival of business in the industry is dependent, in part, to innovation and new product development, and as well, structural reinvention and strategies. Actions and strategic decisions of top management executives are essential in the determination of the future of many organizations and in enabling these organizations to avoid becoming obsolete. Traditionally, business organizations in the IT industry have used integration to enhance their developmental and operational activities. ...

Introduction

Contemporary business, political and social environments have changed under the influence of globalization, consequent internationalization of business portfolios, size and scale of the activities and even the tremendously increased international mobility of individuals. It is difficult to argue that the future of the Oil and Gas industry have changed with the growing influence of OPEC, economic growth, observed in non-OECD countries and climate change policies and legislation around the globe (Martin, 1995). The access to the new fossil reserves and the changes in the distribution of these resources also have had a significant impact on the ways the future ...

Introduction

Since the mid XX century, the oil industry occupies a leading position in the global energy sector. A prerequisite for the implementation of large-scale long-term investments in the oil industry under the condition of a favorable outlook for oil demand in the world market is the availability of relevant geological reserves of oil in a particular region and the world at large. OPEC-countries account for over 40% of world oil production. Especially, the Middle East, particularly the Gulf basin, where there are the largest oil fields in the world, is rich for oil reserves (OPEC, 2015). Oil is extracted ...

Executive Summary

The purpose of the paper was to assess Canadian market for the ability of CBT, the UK-based supermarket chain, to enter it. Environmental analysis was made taking into account political situation in the country, economic overview, legal aspect and socio-cultural perspective. It was found that CBT is going to have more opportunities than threats. Competitive analysis showed that supermarket industry in Canada is monopolistically competitive. The characteristics of such market were properly described. In general, there are three main CBT’s competitors and numerous small, therefore, the company should enter Canadian market with some competitive advantages. In order to ...

Analysis of the United States Airline Industry

Abstract1
1. Introduction1
2. Impact of the Aviation industry on the American Economy..2
2.1 Economic Impact due to Airline Expenditure Categories.3
2.2 Airline Economic Impact due to Employment .5
2.3 Airline Industry Exports6
3. United States Airline Industry Market Structure 7
4. Strategies of Companies in American Airline Industry.10
4.1 Hub-and-spoke structure10
4.2 Pricing Strategies10
4.2.1 Price Discrimination.11
4.2.2 Advance Purchase Pricing11
4.2.3 Peak Loading11
4.2.4 Cumulative Volume Pricing11
4.2.5 Risk Sharing12
4.2.6 Bundled Pricing .12
4.3 Mergers12
4.4 Low-cost Carriers.12
5. Evaluation of Southwest Airlines..13 6. Conclusion.14
7. Bibliography..15

Abstract

The United States airline industry holds a vast share ...

The strategy explains the idea of how businesses successfully create competitive advantages in the market place. It reflects that battling with the competitors is not a successful tactic to succeed from competitor. Rather a company can succeed in competition by creating a “blue ocean” in the market place that is still uncontested. According to the Mauborgne and Kim, this strategic policy enhanced the value of a business by increasing the values foe employees and customers. They further explain that the strategy helps in exploring the new potential markets. In this way, a business enjoys a monopoly in the newly discovered market, as there are no ...

Business Report

The report on Virgin Trains reviews the company’s core business segments and its future competitive advantage as a leader in UK rail transport franchise. A major private partner and investor in Britain’s rail transport infrastructure, the Virgin Group and its wholly owned subsidiary Virgin Trains in partnership with the UK Government, regional and municipal transport oversight and its stakeholder entity, Stagecoach (49%) controls much of the nation’s commercial rail franchise, including scheduled delivery of services to North Wales and Scotland.
The foregoing Porter’s competitive analysis of Virgin Trains’ offers insights in consumer and investor confidence ...

Issues for Healthcare Organizations

Lesson 3:1- Antitrust
Lesson 3:2 - Health Information Management
Lesson 3:3 - Fraud, Abuse, and Corporate Compliance
Abstract
This document contains answers to lessons 3 units 1, 2, 3 pertaining to Issues for Healthcare Organizations. Unit 1 explores antitrust management; unit 2 - Health Information Management and unit 3 Fraud, Abuse, and Corporate Compliance.
Issues for Healthcare Organizations
Lesson 3:1- Antitrust

Question 1: Antitrust regulations - Sherman and Clayton Acts

- Mergers, consolidations and acquisition components of Sherman and Clayton antitrust acts like any other corporate legal intervention endorses regulations regarding purchasing; selling, dividing and combining with other companies that offer different ...

The Development of Telstra

Introduction
The Australian telecommunication market is currently shared between three main players with the key player being Telstra, an Australian premier telecommunication company with perhaps one of the richest history in light of telecommunications companies in the world. Even though there is a paucity of information touching on the development of the Telstra, and its history, it is indubitable that there are several factors that the role played in formation of the company; factors that if complied proficiently, gives a clear picture of the history of the Telstra. This papers aims at compiling information about the development of Telstra.

Background of Telstra

As ...

Legal Issues Affecting Business Organizations in Australia

Recurrently, business entities engage in fraud or unfair practices in an attempt to gain advantage over their competitors. It is not always that these practices benefit consumers- on several occasions, business entities disregard the rights of the consumer. It is in this light that most governments, inclusive of the government of Australia, require business to submit information about their various products in a bid to ascertain if the products, in any way, infringe the rights of consumers. This is bid by governments to safeguard the rights of consumers is conventionally referred to as consumer legal protection.

The Level of Consumer Protection in Australia

However, even as governments, ...

The following paper has been written in order to explain in detail the various principles that are applicable in economics. The paper has been written with the view to make the audience aware of the principles of economics and how they are implemented in a cross section of market. In order to understand the principles, it is important to understand the basic philosophy underlying business practices. The paper is intended to acquaint the audience regarding these ideologies thus understanding economics.
Economists estimate billion of dollars being spent by the society due to alcohol and other related problems¹. Misuse of ...

China on Oil

Nowadays, the headlines now indicated that there is a rising power in Asia that can rival the United States in terms of political, military, and economic power, this country is China. News organizations see this rising power as the one who would ultimately dominate the world economy and state of affairs in the international arena. However, despite its growing international influence and power, China is still resolving several problems it had acquired from before they opened up its doors to the public. The major problem the Chinese had to face is their current deficiency in oil, a major energy source in ...

Introduction

Markets across the world have different characteristics that define their viability and suitability to participate in the global economy. These markets are identified by their most prominent characteristics that enable smooth transactions and flow of business. Markets can also be analyzed for their attractiveness to certain customers, companies or organization depending on the set of characteristics they exhibit. The more characteristics a market exhibits, the more attractive it is. The following are the most significant characteristics of markets that distinguish them as viable and suitable to buyers and sellers who wish to transact their business in the market. Different market ...

The Australian stock exchange has been established to economically assist the investors by bring to together in one market the investors who have the capital and the companies in need of capital in a highly liquid and well regulated market. In this case the companies are assisted to raise capital while the investors are given the chance to create and accumulate their wealth. Investors have a pool of more than 2000 listed companies to invest in. Amcor ltd, APA ltd, amp ltd, ASX ltd, Asciano ltd and Suncorp ltd are some of the companies listed in the ASX; each operates in ...

Abstract

In an effort to increase revenue communication firms have rapidly expanded as they seek to provide more services in a saturated and highly competitive market (Asoka 1997, 102-104) This proposal seeks to give an in depth examination on the aspect of competition among the major players in the communication industry a case study of the Australian communication industry (Asoka 1997).

Optus communication Pty limited; rated as the second largest telecommunication company in Australia formerly known as Aussat Pty Limited before its privatization, is the company under scrutiny as an attempt to critically analyze how it’s being affected by competition in ...