Discuss different types of market structures

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Reference no: EM131265323

THE TASK

Apply analytical thought to a range of knowledge and tasks in accounting and finance, and do so with a minimum of external guidance in particular situations.

Knowledge and Understanding of the Subject;-

Factual and conceptual knowledge and understanding; use of class materials; independent reading

Cognitive / intellectual skills ;-

Critical thinking; conceptualisation; creativity; synthesis, analysis and evaluation; application; problem-solving and research/investigation

Graduate - Transferable, Employability and Practical Skills :-

Written, oral and presentation skills; interpersonal, group and teamwork skills; leadership skills; numeracy; digital skills; practical, professional and academic skills (including referencing/presentation)

The work should be professionally presented with correct Harvard style referencing.

Assignment Task:

Task 1

- Explain different factors which are the determinants of market structures. (300 words)

- Discuss different types of market structures and provide a chart showing fixing of price, for any product, in a perfect competitive market. (450 words)

Task 2

- Three organisational structures (400 words)
- Comparison of three structures (350 words)
(Organisational structures: hierarchy v flat, Tall/with less layers)

Comparison of scalar chain and span of control
- Unity of command/many commands
- Span of control small/many under one boss
o Clear communication/communication flows from different channels

- Organisational structures: flat v matrix structure
o One superior has many subordinates/complex relation ship
o Clear lines of communication/no clear line of communication
o Authorities and responsibilities limited/unlimited authority and responsibilities.
o Functional type of organisation/web type of organisation

Verified Expert

The assignment is related to market structure as well as organizational structure. Various forms of market structure and organizational structures are discussed here. This is a 1500 words paper with Harvard style of referencing.

Reference no: EM131265323

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