Describe the dominant characteristics of the industry

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Reference no: EM131166664

Describe the dominant characteristics of the industry in which your company operates, addressing the following questions:

• Who are your main competitors?

• Are they significant barriers to entry?

• What is your company's market share?

• What is the market share of your main competitors?

• What is the four-firm concentration ratio in your industry? Over time, has this ratio increased, decreased, or remained constant?

• Is your company a military contractor? If so, how are prices determined?

• Based on your previous answer, is your industry moving more in the direction of competition or is it moving more in the direction of market power?

Reference no: EM131166664

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