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Trigger 4: What variables affect the market Structure?

LO 1: How do Market Structures differ?

A market a place where goods, services, people and money interact and exchange owners. A market structure defines the characteristics of a market such as; the number and relative strength of buyers and sellers and the extent of interaction amongst them, the levels and forms of competition, the extent of product differentiation, the ease of entry into and exit from the market. 1,658 more words

Introduction To International Business

PBL Trigger 4 - What variables affect the market structure?

How do market structures differ?

Before we can start telling how market structures differ – we must check out what is a market structure. The best way to define a market structure is to split it in two sections – organisational and other characteristics of a market. 759 more words

Introduction To International Business

Trigger 3: How to reduce oil consumption?

LO 1.  How to understand the effects of oil consumption?

Oil consumption is directly related to oil production, oil reserves, supply and demand of oil and how much reliance the global world have on the consumption of oil. 1,829 more words

Introduction To International Business

PBL Trigger 3 - How to reduce oil consumption?

How to understand the effects on oil consumption?

My answer to this first question is: Read all the three questions below and then come back to this one. 893 more words

Introduction To International Business

PBL Trigger 2 - How to maintain sustainable company growth?

What is a value chain?

Value chain is a model developed by Michael Porter and it has many levels in it. It is used to tell how business processes work in companies. 754 more words

Introduction To International Business

Trigger 2: How to maintain sustainable company growth.

LO 1: What is a Value Chain?

A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. 1,402 more words

Introduction To International Business