Which best describes the competitive industry structure in which Blackberry found itself? monopoly monopolistic competition oligopoly perfect competition natural monopoly
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Which best describes the competitive industry structure in which Blackberry found itself?
-
monopoly -
monopolistic competition -
-
perfect competition -
Monopoly competition is a competitive industry structure in which blackberry found itself.
So, the first option is the correct option.
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- Following are the key benefits of being a market pioneer, EXCEPT Creating customer switching costs Lower market uncertainty than later entrants Securing scarce resources Creating technological standardsExplain why eBay is successful in the online auction marketplace and discuss itscompetitive advantage over Amazon?Amazon is an online discount retailer that has successfully entered other businesses, such as electronic devices with the Kindle, Kindle Fire, and Echo as well Amazon Web Services. Read what you can about Amazon’s entry into these new businesses, and try to explain: why you think they chose to compete in those markets, their unique value is in those markets—why they win with customers; what resources and capabilities they possess that enable them to succeed in the new markets; and what new capabilities they need to develop; and what makes it hard for competitors to imitate their offerings.
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