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Functioning of Competition in Marketplace, 2005.
A focus on the Cartel Effect in the marketplace.
1,125 words (approx. 4.5 pages), 6 sources, MLA, $ 39.95
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Abstract
This paper examines the functioning of competition in the marketplace. The focus is on production Cartel effects. The paper considers market structure in relation to competition on a general level, and then on the cartel.
From the Paper
"This paper reviews the functioning of competition in the marketplace. Competition can affect market prices, product innovation, the number of participants in a market, product quality and other factors. To a great extent such effects are functions of the structure of a market. This paper considers market structure in relation to competition at a general level. Then a closer examination is made of the functioning of competition in a specific type of market structure ..."
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International Competition Policy, 2004.
Analysis of global competition issues and government responses and the impact it all has on businesses and consumers worldwide.
12,039 words (approx. 48.2 pages), 41 sources, APA, $ 233.95
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Abstract
This paper begins with a look at the evolution of international competition policy, then focuses on the promotion of competition in worldwide markets and the role of inter-government cooperation in setting the policy environment for better and more productive, as well as fair, competition. It examines efforts being made to address the perceived risk that the conduct of some private businesses may reduce competition and potentially undermine government actions to promote competition (e.g., trade liberalization and deregulation). It includes a look at the adoption of both EU-level and national-level competition laws, which target anti-competitive business conduct resulting largely from US advocacy, and the importance attached to competition law in the context of EU membership. Finally, the potential role of the WTO is discussed.
Evolution of International Competition Policy
Promotion of Competition in World Markets
Role of Inter-Governmental Cooperation in Setting Policy
Private Business Practices That Reduce Competition
National vs. EU-Level Competition Laws
Role of the WTO
From the Paper
"Economic interdependence among countries across the globe has increased sharply in the past fifty years. This international economic interdependence has made vast contributions to greatly improved standards of living for most countries. Ongoing international economic integration bears the promise of further and larger benefits. However, the increasing sensitivity of national economies to events and policies that originate beyond their borders creates dilemmas and pitfalls that may prove to be disastrous if national policies and international cooperation are less than well managed."
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"On Competition", 2001.
This paper analyzes Michael E. Porter?s view of the business world as outlined in "On Competition", a collection of his works that examines the Hobbesian nature of the international economy.
3,580 words (approx. 14.3 pages), 4 sources, MLA, $ 100.95
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Abstract
This paper analyzes Michael E. Porter?s book "On Competition", a collection of his works that details the international economy. Porter's work has defined our fundamental understanding of competition and competitive strategy. His book is organized around three primary categories: Competition and Strategy: Core Concepts, The Competitiveness of Location, and Competitive Solutions to Societal Problems.The first section of the essay collection takes on competitive strategy, evaluating strategies and weaknesses for business, while the second addresses the role of location in competition experienced by government entities. Porter also analyses a number of sectors of the economy using his criterion of competition from what makes some global companies work to the relationship between business success and environmental regulation.
From the Paper
"It isn?t only that there isn?t any free lunch. But while you?re shelling out hard-earned bucks for your repast someone else is pushing their way ahead of you, probably egged on by people you thought were your friends. At least that?s Michael E. Porter?s view of the business world as outlined in On Competition, a collection of his works that examines the Hobbesian nature of the international economy. The credentials that Porter brings to this project are impressive: a Harvard Business School professor, Porter is one of the most respected and innovative economists of his time. The author of 15 books, he advises both elected officials and business leaders in all parts of the world."
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Competition, 2002.
An overview of the concept of competition in the business world.
2,156 words (approx. 8.6 pages), 6 sources, MLA, $ 67.95
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Abstract
To the person on the street, the concept of competition is easy to understand. It is basically two businesses battling it out in the marketplace for the customer. However, behind the scenes, things are more complex, with organizations trying to achieve competitive advantages and multiple forces pulling organizations in different competitive directions. The invisible hand of economics continues to work hard to make market places achieve equilibrium, however dynamic.
This paper discusses some of these factors, using three popular concepts of competition: forms of competition, three types of competitive advantage and Porters five forces model of competitive advantage.
From the Paper
"Every corporation would like to have competitive advantage. History has shown that different organizations have tried to achieve competitive advantage in different ways. We live in a culture of ?quarterly financial statement targets?. Hence it is easy to forget that a corporation needs to have not just a competitive advantage but a sustainable competitive advantage. Note that for short periods of time, there can be an innumerable source of competitive advantages, but many of them might be difficult to sustain. Because of this reason, scholars have identified the following three as major types of competitive advantages."
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Society and Competition in Sports, 2002.
A report examining the link with a focus on competition in sport and what effect overemphasizing competition in sport can have on society.
2,200 words (approx. 8.8 pages), 5 sources, MLA, $ 68.95
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Abstract
The following paper begins by describing the link between sport and society. It then moves on to discuss competition as essential to sport. This is followed by a discussion of the link between society and competition. Perspectives on overemphasizing sport will then be given as well as a discussion on the value of sport to society. Finally, the paper concludes by summarizing the problems that result when competition in sport is overemphasized.
From the Paper
?Sport can be identified as an important part of society, often reflecting the values of society. Christopher Bates Doob in Sociology: An Introduction notes how sports stars are idolized, being seen as the ultimate models of success, with Michael Jordan, Shaquille O?Neal and Charles Barkley being given as examples, with it being noted that these sports stars are famous, wealthy and widely marketed. The impact of sports on people is largely related to identity and to the process of people identifying with sports people. In the Olympics, country competes against country, with spectators of a country cheering for their own and reacting as if they have won when the athlete wins. The reality is that the spectator has no relationship with the athlete except that they share a common culture. Logically, this seems absurd that the spectator would register a win because the athlete wins. This shows the way that people associate with the sports person and the way their actions impact directly on the spectator. It also shows just how much sport means to an individual. The same can be applied to town against town sports, or university against university sports. In all cases, the spectator identifies with a certain side and this gives the sport meaning to them.?
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Competition, 2002.
An overview of several important concepts of microeconomics relating to competition.
1,559 words (approx. 6.2 pages), 4 sources, MLA, $ 51.95
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Abstract
This paper examines the two types of competition, perfect and imperfect competition, as well as the various concepts regarded as subdivisions of these concepts. The paper also examines Michael Porter?s five forces model, which is based on these economic concepts of competition. It shows how Porter offers an insight into the intensity of competition and focuses on the factors that affect rivalry between firms in any industry.
Paper Outline:
Introduction
Perfect Competition
Oligopoly
Monopolistic Competition
Porter's Five Forces Model
Barriers to Entry
Rivalry
Consumer Power
Threat of Substitutes
Competitive Advantage
References
From the Paper
"Porter explains that barriers to entry play an important role in determining the intensity of competition within an industry. When few players exist and there are high restrictions placed on the entry of the new firm, the existing companies might become less competitive as they are certain of their market share and feel that no new entrant can threaten their position. On the other hand, if there are no barriers, competition can be absolutely intense, giving rise to extreme rivalry and constant change in prices or marketing strategies. Barriers can range from government restrictions to inherent limitations such as high cost of machinery or equipment needed for that business etc."
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Monopolistic Competition and the Oligopoly, 2008.
This paper discusses the competitive free market, monopolistic competition and the oligopoly.
2,265 words (approx. 9.1 pages), 9 sources, APA, $ 70.95
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Abstract
The paper discusses the pure competitive market, which does not exist in practice and the near monopoly market, which is the rule rather than the exception. The paper explains that most free markets today function within the extremes of pure monopolies and the oligopoly that are both harmful to the consumer and the free market.
Outline:
Overview
The Competitive Environment
Pure Competition
Monopolistic Competition
The Oligopoly
Conclusion
From the Paper
"Early economic theory was based on an antiquated understanding of how economics functions with respect to the consumer. Early theorists believed that the free market competition would be based on numerous competitors that sold the same types of items and competed solely on the basis of price (Sweezy, 2004). In fact, this model was overly simplistic and did not account for consumer behavior much less the ability of businesses of all sizes to innovate, differentiate, and artificially stimulate demand in the consumer market. Businesses have developed very refined abilities to sell and market their products and products and services have become highly individualized in order to capture market share. Competition in the contemporary free market has evolved into a much more complex entity than these early theorists such as Adam Smith conceived of."
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Competition in the Movie Theater Industry, 2001.
This paper examines John Keynes? theory of the nature of competition through the movie theater industry.
1,110 words (approx. 4.4 pages), 3 sources, APA, $ 38.95
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Abstract
This paper observes the movie theaters marketplace for facts in the nature of competition and the idea of ?perfect competition?, a concept rooted in the work of John Maynard Keynes. It examines the concept of equilibrium in the marketplace and traditional economic theory.
From the Paper
"When we decide to go see our third viewing of ?The Mummy Returns? we?re usually more concerned with what time the next show is than with what movie theaters ? with their 6-dollar tubs of popcorn ? can tell us about the nature of economic competition. However, the movie theater business is ? like all arenas of economic activity ? capable of telling us something about the structure of a particular market place, the history of that commodity or service and the nature of competition in that particular market place. Movie theaters can tell us something the nature of competition and indeed about the nature of the idea of ?perfect competition?, a concept with roots in the work of John Maynard Keynes and his questions about the concept of equilibrium in the marketplace. Traditional economic theory assumed that a group of producers operated in a perfect market for any given commodity with each producing only a small part of the whole supply. Thus, for each producer (and for each commodity) the price was determined by the market. Each producer maximized its profits by selling only as much as would make marginal cost equal to price, in other words, each producer would produce exactly the amount that, if any more were to be produced that the additional product would add more to costs than it would to profits (MacHovec, 1995, p. 38). Each producer of any commodity (whether widgets or blockbusters) thus worked to capacity, to the point where profitability was limited by rising costs (MacHover, 1995, p. 42)."
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Competition in the Banking Industry, 2008.
A discussion on whether competition in banking can be considered good or bad and to what extent should it be limited and controlled.
1,959 words (approx. 7.8 pages), 8 sources, MLA, $ 62.95
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Abstract
This paper attempts to show the objectives and positive impacts of competition in banking and tries to analyze the negative impacts by explaining the reasons why competition can have bad repercussions on the banking system. The paper also discusses to what extent competition should be limited and controlled.
Outline:
Introduction
Positive Effects of Competition in the Banking Industry
Negative Effects of Competition in the Banking Industry
Control and Limits to Impose To Competition in Banking
Conclusion
From the Paper
"Competition in banking can be beneficial for the clients. Indeed, the bank industry must be considered by the same way we consider any other industries. Every client is specific because he has his own needs in terms of banking demand, which are different from another one's. In this case, competition is a good means to diversify the supply among banks. A banking product does not exist, it is a group of characteristics such as a remunerated account or not, with banking charges or not, other banking services or not, ... etc. Competition in banking consists in providing the clients with the most customised service in order to better meet their needs. In this case, if the service provided by a bank does not suit the client's needs, nothing can prevent him from changing his bank to find the most adapted characteristics he is looking for. This is quite an important goal of the banking competition."
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Microsoft and Competition, 2002.
Discusses how Microsoft keeps ahead of its competition, using Adrian J. Slywotsky's book "Value Migration: How to Think Several Moves Ahead of the Competition" as a reference.
1,150 words (approx. 4.6 pages), 4 sources, $ 44.95
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Abstract
This paper shall examine the book, "Value Migration: How to Think Several Moves Ahead of the Competition" by Adrian J. Slywotsky in respect to the business Microsoft. The strategies describes by Slywotsky in his book are demonstrated by Microsoft in 1996, which can be considered the beginning of true corporate power for Microsoft.
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Competition in the Workplace, 2006.
An examination of the benefits and disadvantages of the existence of competition in the workplace.
2,156 words (approx. 8.6 pages), 4 sources, MLA, $ 67.95
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Abstract
The definition of competition is, in its simplest form, rivalry. We often hear the word used in sports, among siblings, and in business. One retail store may see another one as its competition for new or existing customers. Competition also occurs in an office setting among workers. This paper examines how rivalry amongst workers can have its benefits although it can also create a negative environment in the workplace. Outline Introduction Top Quality Management Skills Shortage Work and Personal Styles Competition for Company Benefits Downsizing Full time vs Temporary Staff Conclusion Bibliography
From the Paper
"Competition can occur under normal, every day circumstances in the work place. The reason for this competition is the variety of personalities and work styles that exist in a group of people. Some people are detail oriented, highly organized and have introverted personalities. Others are the planners and people with vision with extroverted personalities. There will always be a form of competition between the two groups simply because one work style is different from the other. The visionary is always going to compete with the detail person, trying to keep up with his/her abilities to see every little item. "
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The Inherent Ethics of the Marketplace and Employee Rights, 2002.
A review of of Ian Maitland's article "Rights in the Workplace: A Nozickian Argument" on workers' rights in the labor market.
1,400 words (approx. 5.6 pages), 2 sources, $ 53.95
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Abstract
This paper is a critical review of Ian Maitland's "Rights in the Workplace: A Nozickian Argument" Joseph DesJardins and John McCall, eds. Contemporary Issues in Business Ethics. Toronto: Wadsworth, 2000, 119-123., This paper reviews the validity of the article, claiming that Maitland argues that defining workers' rights in the labor market actually represents a violation of their right to freely choose the conditions of their own employment. While this may seem to be a paradox, this essay will argue that the underlying assumption of Maitland's thesis is that the marketplace is both competitive and functional. Ironically, this is also the underlying weakness that undermines Maitland's thesis.
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Competition Policies of APEC Member Countries, 2007.
An analysis of competition laws in the United States, Japan, Singapore, the Philippines and Australia.
3,283 words (approx. 13.1 pages), 2 sources, MLA, $ 94.95
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Abstract
This paper analyzes the competition policies of Asia-Pacific Economic Cooperation (APEC) member countries. The paper defines the competition policies and discusses their intentions and then looks at the specific US laws, which include both general competition laws and sector-specific laws and regulations. The paper then goes on to discuss the laws in Japan, Singapore, the Philippines and Australia.
Table of Contents:
United States
Japan
Singapore
Philippines
Australia
Conclusion
From the Paper
"In general, competitive markets provide strong incentives for achieving economic efficiency. Market forces ensure that goods consumers want are produced in the quantities they want, using the most efficient production methods and are marketed and distributed to consumers who wish to purchase them in the most efficient means possible. In addition, competitive market forces provide incentives for efficient levels of investment in discovering new production technologies, new production processes and new products. Also, competition law/policy would ensure that consumers will enjoy greater benefits in terms of wider choices and better quality goods and services at competitive prices. In creating these competition policies, some format or elements are present in these. These act as the policies blue print which allows for more uniform policies among countries. Also, these elements are considered to be the main formula for making an effective list of policies of a country. An effective competition policy must have the following elements: policy towards monopoly; policy towards mergers; policy towards restrictive and anti-competitive practices; policy towards state entry barriers; and policy towards consumer protection."
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Human Resource Development In A Global Marketplace, 2008.
A review of the role of human resource development in assisting an organization to achieve successful business performance in a global marketplace.
1,551 words (approx. 6.2 pages), 4 sources, APA, $ 50.95
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Abstract
The paper discusses that today's global marketplace has changed the definition of the role of human resources in the business world. The paper then examines those changes and its effect on the role held by human resource managers.
Outline:
Introduction
The Role Of HR In Today's Marketplace
Assessment Of The Extent Of Global Participation
Challenges: Differences In Culture And Management Styles
Challenges Of A Global Marketplace
Summary and Conclusion
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From the Paper
"Bray (2006) states: "Barney (1991) developed a model that demonstrates that, for a resource to be the source of sustained competitive advantage, it must create value (V) for the firm; it must be rare (R); it must be inimitable (I); and it must be nonsubstitutable (S)." Bray states that when this model is applied that human resources has the "highest probability among all resources of being the source of sustained competitive advantage for the firm." (2006) With this in mind, Bray argues that a firm should "focus its entire pool of human resources..." (2006) When human resources is considered in the organization Bray states that human resources is distinguished as: "...individuals (or an elite group of individuals such as top management teams) and human resources as the total pool of human capital." (2006) However in Barney (1991) the emphasis was placed on HR resources referring to both manager and worker characteristics and the work of Wright McMahan and McWilliams (1994) posited that "...the larger pool of human capital that constitutes the entire organization is more likely to be a source of sustained competitive advantage." (Bray, 2006) A resource, according to Bray "must also be rare if it is to be a source of sustained competitive advantage." (2006) In fact, the organization that is globally based has a better change at acquiring the 'rare' human 'resource' because it has a larger pool to choose from. Bray specifically states: "Therefore, firms that, because of their international operations, can draw from more than one labor pool have a greater potential for developing a human-resource-based sustainable competitive advantage than do domestic firms that can draw from only one labor pool. Transnational organizations by virtue of transnational representation and a transnational process are particularly able to draw upon the rare components of their multiple labor pools, and are, thus, more likely to develop sustainable competitive advantages." "
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Monopolies, Monopolistic Competition and Oligopolies, 2001.
This paper answers five questions on monopolies, monopolistic competition, and oligopolies in terms of the Microsoft case based on the text by Schiller "The Macro Economy Today".
1,505 words (approx. 6.0 pages), 1 source, MLA, $ 49.95
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Abstract
This paper is structured as five questions about monopolies, monopolistic competition, and oligopolies, based on the Microsoft situation, and whether or not it is a monopoly. The required text is "The Macro Economy Today", by Bradley R. Schiller. The first question covers the Microsoft current situation and its history. The second question defines a monopoly, the third question covers the situation of oligopoly as applied to the Microsoft situation, and the fourth question pertains to the condition of monopolistic competition as relevant to the Microsoft case. Finally, the fifth question looks at deregulation of the Microsoft. This paper is a useful resource material on the subject of Microsoft and monopolies.
Table of contents
I. Introduction
II. Answer 1: Microsoft?s history and current situation regarding the monopoly issue.
III. Answer 3: A concept from the chapter Oligopoly? to the Microsoft situation:
IV. Answer 4: Monopolistic competition in Microsoft?s situation
V. Answer 5: Deregulation of businesses in Microsoft?s situation:
From the Paper
"Answer 1: Microsoft?s history and current situation regarding the monopoly issue.
The case against Microsoft started back in the early 1990. The first major issue, which started it all, was the fact that Microsoft was that Microsoft had been using its powers in the operating system market to force computer manufacturers to put its Internet Explorer on all personal computers on which they installed the windows operating system. This was making it very hard for other smaller players, such as Netscape, who also had an Internet browser to compete. This was just one of the many things that Microsoft was said to be doing wrong. The antitrust case by the US Department of Justice against Microsoft was accusing Microsoft of firstly, thwarting competitors in the operating system market, by making banners of entry in the market. These include exclusive bargain purchase agreements with all, or most major computer manufacturers. It also accused Microsoft of using its monopoly position in the marketplace to gain unfair advantages in the marketplace. Also, a trend was that Microsoft was also accused in this case of buying out competitors. "
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