Nebosh Ngc2 Practical Assessment Example

NDTC Kari Rodriguez June 27, 2012 NDTC wedlock Dakota surround family started operating in the atomic payoff 7 Dakota in 1993 and extends internet, telephone, mobile and digital cable usefulnesss to the residents. optical fusion Dakota is one of the smaller states and does not have as umteen choices when it comes to communication swear outs and the only if former(a)(a)wise(a) opposition that smart site faces at this time is with Midcontinent Communications and due to that lack of opposition it has them in an oligopoly foodstuff. An oligopoly mart is defined as a commercialise form that only has a small number of other swopers that provide those same products and services (Colander, 2010). on that point argon many another(prenominal) other types of market structures that companies nominate fall under such(prenominal) as monopoly and monopolistic competition. A monopoly is defined as a single company that provides a certain product an d service and there is no other competition such as Amtrak. A monopolistic competition market can as well as be called a matched market is made up of a pear-shaped number of companies that sell products and services that are slightly different from each other (Colander, 2010). An example of a monopolistic completion market is restaurants.

unification Dakota skirt Company is different from a monopoly because they are not the only the only company that provides services to North Dakota. They are different from a monopolistic competition because they are not a large number of other firms, just the two. T here are many different competitive strategi! es North Dakota Telephone Company can do to have a competitive edge of Midcontinent Communications. North Dakota Telephone Company could offer slack services, discounted services, and special offers to friend increase their long-run profits. North Dakota Telephone Company could in addition look into expanding their services and products into other states. For the mobile services they provide they could offer plans that other companies do not have. All of these strategies exit help over...

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