Nebosh Ngc2 Practical Assessment Example

NDTC Kari Rodriguez June 27, 2012 NDTC wedlock Dakota hollo family started operating in the atomic count 7 Dakota in 1993 and extends internet, telephone, mobile and digital cable usefulnesss to the residents. junction Dakota is one of the smaller states and does non have as more choices when it comes to communication dishs and the only if some early(a)(a) opposition that smart redress faces at this time is with Midcontinent Communications and due to that lack of competitor it has them in an oligopoly foodstuff. An oligopoly commercialize is defined as a foodstuff form that only has a small number of other merchandiseers that provide those same products and services (Colander, 2010). there argon many other types of market structures that companies nominate fall under such as monopoly and monopolistic competition. A monopoly is defined as a single company that provides a certain product and service and there is no other competit ion such as Amtrak. A monopolistic competition market can as well as be called a unornamented-enterprise(a) market is made up of a pear-shaped number of companies that sell products and services that are slightly different from each other (Colander, 2010). An example of a monopolistic completion market is restaurants.

newton Dakota speech sound Company is different from a monopoly because they are not the only the only company that provides services to North Dakota. They are different from a monopolistic competition because they are not a large number of other firms, just the two. There are many diff erent competitive strategies North Dakota Te! lephone Company can do to have a competitive edge of Midcontinent Communications. North Dakota Telephone Company could offer free services, discounted services, and special offers to friend increase their long-run profits. North Dakota Telephone Company could in addition look into expanding their services and products into other states. For the mobile services they provide they could offer plans that other companies do not have. All of these strategies exit help over...

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