BUSINESS MANAGEMENT (İŞLETME YÖNETİMİ) - (İNGİLİZCE) Dersi The Fundamentals of Strategic Management soru detayı:

PAYLAŞ:

SORU:

What happens in a “monopolistic competition"?


CEVAP:

Monopolistic competition markets have many producers each sell a differentiated product with some pricing power in a consolidated or fragmented market. When a company can greatly differentiate its product, it creates a niche in the market in which it has some degree of temporary monopolistic power over pricing, thus the name “monopolistic competition”.