Ompetition (BUSINESS 305 SLP MODULE 3)
Think about the product(s) and/or service(s) that my company (wal mart) generates or provides. please address the following questions in a two-page MS Word document: (my company is WAL MART)
1. What are the products/services in question?
2. Who are your clients/customers? What leads them to demand your products/services?
3. Does your organization operate as a monopoly? Competes in an oligopolistic competition? Is it in a perfectly competitive market? Explain your answer.
4. What are the advantages and disadvantages of your organization being in the type of a competitive market as you described in (3) above?