What pricing policy will you adopt to be in first position

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Questions

Q.1. Provide an example of any two leading companies from the same industry, which are competing directly for market share. Give a short profile.

Q.2. Suppose, if you are the manager of one of these companies, what pricing policy will you adopt to be in the first position? Why?

Q.3. When the whole sector of the market is occupied by the little number of big corporations who share the leadership, what do we call this type of market structure? Explain in details the benefits for the leading company and disadvantage of such situation on final consumers.

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This study has enlarged the understanding of different market share. Effects of market share on organizations and final consumers have been discussed in this study. The competitive nature and market share developed strategies along with current standing of two companies from the same industry have been mentioned. The pricing strategy and its effectiveness is also been discussed in this study.

Reference no: EM132338169

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