Question

Answer this in long of coca cola case study

What type of market does the beverage market represent (e.g., perfect competition, monopoly etc.

Answer 1

Answer:

Company in Monopolistic Competition and Oligopoly Market. Monopolistic competition market can be entered easily, even though there are many competitors in the industry competing in it. Food and beverage industry is also included in monopolistic competition market.

Answer 2

The type of market that represents the beverage market (e.g., total competition, over-control, etc.)are:

1. Monopolistic competition, quite the opposite, where there are many different products because the market is easy to enter.

Explanation:

1. The soft drink market is an oligopoly with independent competition between doors and inside doors.
2. In a complete competitive market structure, there are a large number of buyers and sellers.
3. All marketers are small competitors.
4. No major retailer has a significant influence on the market.
5. The greatest competitive power in the market for substitutes.
6. Cold drinks are cheap (50 cents to $ 2).
7. People will only pay a certain amount for this sweet water and it is not necessary.