Send the link below via email or IMCopy
Present to your audienceStart remote presentation
- Invited audience members will follow you as you navigate and present
- People invited to a presentation do not need a Prezi account
- This link expires 10 minutes after you close the presentation
- A maximum of 30 users can follow your presentation
- Learn more about this feature in our knowledge base article
Do you really want to delete this prezi?
Neither you, nor the coeditors you shared it with will be able to recover it again.
Make your likes visible on Facebook?
Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.
Oligopoly in the cereal Industry
Transcript of Oligopoly in the cereal Industry
By :Valerie Vigliotti What influence do firms have over price? Are all Firms selling identical or similar products? They have slight control , most are about competition with non price related areas.
with oligopoly it's more about competition with non price related areas using advertisement with related product.
How much competition exists between firms? It's similar and identical depending on the product like for example breakfast cereal is oligopoly because you can fine this product in the common food store and the store with have all kind of cereal / the same cereal which it both identical and similar. The breakfast cereal industry is oligopoly because it has about 3- 5 suppliers/ companies that control the market.
The four major suppliers are Kellogg, General Mills, post and Quaker How many suppliers are there? In the breakfast cereal industry competition is low to medium because these product are in grocery stores and similar to identical that how it's oligopoly. Is it Easy or difficult to enter the Market? In the Breakfast cereal industry for being oligopoly it's a very higher barriers to moderate to enter the market because you can kind these cereal products in any grocery store and drug store.