Choose three separate companies and label them as either pure competition, oligo

Question

1. Choose three separate companies and label them as either pure competition, oligopoly, or pure monopoly. State why you feel they fit this description.
2. Choose three environmental forces that effect three separate business that operate within the United States. State how these business are effected within their industry by these uncontrollable forces.

1. Choose three separate companies and label them as either pure competition, oligopoly, or pure monopoly. State why you feel they fit this description.
2. Choose three environmental forces that effect three separate business that operate within the United States. State how these business are effected within their industry by these uncontrollable forces.

Explanation / Answer

A.

Tesla: Pure Monopoly

In the luxury electric vehicles segment, till now they are the only player commanding close to 100% market share.

There are several smaller share holders but they do not fall in the same category, if performance and market is searched only Tesla is recalled.

Google: Oligopoly

In the search engine space there are only two major players, Google commanding close to 70-80% and Yahoo being the second and cooming almost 20%. There are other players including bing but they are too small to be considered as competition.

Hence there are two major players and hence form an Oligopoly

Dell: Pure competition

In the Laptop space there are several big players and Dell is one of them, each one is having equal or near equal share and the entry barrier is low.

B.

The three eenvironmental forces are:

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