Study sets matching "term:barriers+to+entry = conditions thatmake it extremely difficult to enter a business"

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Study sets matching "term:barriers+to+entry = conditions thatmake it extremely difficult to enter a business"

41 terms
retail managment chpt 4
target market
retail format
sustainable competitive advantage
a retail statement identifies the foll…
the market segments toward which the retailer plans to focus…
the retailers type of retail mix, that is designed to satisfy…
a distinct competency of a retailer relative to its competito…
the retailer's target market... the format the retailer plans to…
target market
the market segments toward which the retailer plans to focus…
retail format
the retailers type of retail mix, that is designed to satisfy…
Financial Strategies for Tourism
10 Factors of a Successful Business
Barriers to entry
Examples of barriers to entry
Cash flow
Business Concept... Understanding the Market... Industry Health and…
Conditions that make it difficult or impossible for new compe…
Patents or high start-up costs
Movement of money into and out of a company, the actual incom…
10 Factors of a Successful Business
Business Concept... Understanding the Market... Industry Health and…
Barriers to entry
Conditions that make it difficult or impossible for new compe…
25. Competition and business
COMPETITION
Barriers to entry
Cartel
Collusion
rivalry between businesses offering products in the same mark…
Factors which make it difficult or impossible for businesses…
A group of businesses (or countries) which join together to a…
in business, where several businesses (or countries) make agr…
COMPETITION
rivalry between businesses offering products in the same mark…
Barriers to entry
Factors which make it difficult or impossible for businesses…
Edexcel AS/A level Business key terms - Theme 2 (Chapter 42): Legislation
Restrictive Practices
Barriers to entry
Collusion
Contract of employment
Attempts by firms to prevent or restrict competition
Obstacles that make it difficult for new firms to enter a mar…
Two or more businesses agreeing to restrictive practices such…
A written agreement between an employer and an employee in wh…
Restrictive Practices
Attempts by firms to prevent or restrict competition
Barriers to entry
Obstacles that make it difficult for new firms to enter a mar…
Edexcel AS/A level Business key terms - Theme 2 (Chapter 42): Legislation
Restrictive Practices
Barriers to entry
Collusion
Contract of employment
Attempts by firms to prevent or restrict competition
Obstacles that make it difficult for new firms to enter a mar…
Two or more businesses agreeing to restrictive practices such…
A written agreement between an employer and an employee in wh…
Restrictive Practices
Attempts by firms to prevent or restrict competition
Barriers to entry
Obstacles that make it difficult for new firms to enter a mar…
Economics Week 19 - Unit 3
sole proprietorship
creditor
general partnership
partnership
a business firm that is owned by one person
a lender to whom a debt is owed
a business firm owned by two or more people
a business firm owned by two or more people
sole proprietorship
a business firm that is owned by one person
creditor
a lender to whom a debt is owed
20 terms
Unit #3 Market Structures & Business Organizations Vocab. Review Power Point
perfect competition
commodity
barrier to entry
imperfect competition
market structure in which a large number of firms all produce…
a product, such as petroleum or milk, that is considered the…
any factors that makes it difficult for a new business to ent…
a market structure that fails to meet the conditions of perfe…
perfect competition
market structure in which a large number of firms all produce…
commodity
a product, such as petroleum or milk, that is considered the…
Economy 7.1
Perfect Competition
Four strict conditions of a perfectly…
Commodity
Barrier to entry
a market with many firms, identical products, and no single s…
many buyers and sellers, sellers offer identical products, bu…
a product that is considered the same regardless of who makes…
any factor that makes it difficult for new firms to enter the…
Perfect Competition
a market with many firms, identical products, and no single s…
Four strict conditions of a perfectly…
many buyers and sellers, sellers offer identical products, bu…
6 terms
7.1
perfect competition
comodity
barrier to entry
imperfect competition
A market structure in which a large number of firms all produ…
Something useful that can be used for financial advantage; a…
any factor that makes it difficult for a new firm to enter a…
a market structure that does not meet the conditions of perfe…
perfect competition
A market structure in which a large number of firms all produ…
comodity
Something useful that can be used for financial advantage; a…
Edexcel A Level Business Key Terms - Theme 4 (Chapter 75): Global Competitiveness
Barriers to entry
Competitive advantage
Cost competitiveness
Cost leadership
Factors that make it difficult for a company to enter an indu…
The advantage one company has over another, or several others…
Through acquiring ever-increasing economies of scale, a compa…
A concept developed by economist and Harvard professor Michae…
Barriers to entry
Factors that make it difficult for a company to enter an indu…
Competitive advantage
The advantage one company has over another, or several others…
Economics Chapter 7 Review - Coach Grimm
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
A market dominated by a single seller
A market structure in which a few large firms dominate a market
A market structure in which a large number of firms all produ…
a market structure in which many companies sell products that…
Monopoly
A market dominated by a single seller
Oligopoly
A market structure in which a few large firms dominate a market
27 terms
Market Structures
perfect competition
commodity
barrier to entry
imperfect competition
a market structure in which a large number of firms all produ…
a product that is the same no matter who produces it, such as…
any factor that makes it difficult for a new firm to enter a…
a market structure that does not meet the conditions of perfe…
perfect competition
a market structure in which a large number of firms all produ…
commodity
a product that is the same no matter who produces it, such as…
5 terms
Economics: Chapter 7 (Section 1)
perfect competition
commodity
barrier to entry
imperfect competition
a market structure in which a large number of firms all produ…
a product that is the same no matter who produces it, such as…
any factor that makes it difficult for a new firm to enter a…
a market structure that does not meet the conditions of perfe…
perfect competition
a market structure in which a large number of firms all produ…
commodity
a product that is the same no matter who produces it, such as…
11 terms
Economics Key Works
Price Competition
Barriers To Entry
Competition
Profit
rivalry among businesses on the basis of price and value
Conditions that make it extremely difficult to enter a busine…
the rivalry among sellers trying to achieve such goals as inc…
A financial gain, esp. the difference between the amount earn…
Price Competition
rivalry among businesses on the basis of price and value
Barriers To Entry
Conditions that make it extremely difficult to enter a busine…
Competitive and concentrated markets
Price taker
Price maker
Competitive market
Concentrated market
a firm which accepts the ruling market price set outside its…
a firm possessing the power to set the price within the market
firms strive to outdo their rivals, but does not necessarily…
market containing very few dominant firms - in extreme cases…
Price taker
a firm which accepts the ruling market price set outside its…
Price maker
a firm possessing the power to set the price within the market
15 terms
Economics - Chapter 7
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
A market dominated by a single seller
A market structure in which a few large firms dominate a market
A market structure in which a large number of firms all produ…
A market structure in which many companies sell products that…
Monopoly
A market dominated by a single seller
Oligopoly
A market structure in which a few large firms dominate a market
Chapter 5,6,7
Market Structure
Perfect competition
Barrier Entry
Price taker
Describes the key characteristics of a market... Includes the nu…
A market structure in which a large number of small firms sel…
Is an obstacle that makes it difficult for a new firm to ente…
Is a seller that has no control over the price of the product…
Market Structure
Describes the key characteristics of a market... Includes the nu…
Perfect competition
A market structure in which a large number of small firms sel…
Chapter 7 Section 1 Vocabulary
Perfect Competition
Commodity
Barrier to Entry
Imperfect Competition
A market structure in which a large number of firms all produ…
A product that is the same no matter who produces it, such as…
Any factor that makes it difficult for a new firm to enter a…
A market structure that does not meet the conditions of a per…
Perfect Competition
A market structure in which a large number of firms all produ…
Commodity
A product that is the same no matter who produces it, such as…
Econ Chapter 7
Perfect competition
commodity
barrier to entry
imperfect competition
A market structure in which a large number of firms all produ…
a product that is considered the same no matter who produces…
any factor that makes it difficult for a new firm to enter a…
a market structure that fails to meet the conditions of perfe…
Perfect competition
A market structure in which a large number of firms all produ…
commodity
a product that is considered the same no matter who produces…
35 terms
ECON Unit 5: Competition, Monopolies and Business Organizations
Market Structure
Competition
Perfect Competition
Monopoly
The key traits of a market, including the number and size of…
The businesses that provide a good or service that is SIMILAR…
An industry structure in which there are many firms, each sma…
A firm that is the sole seller of a product without close sub…
Market Structure
The key traits of a market, including the number and size of…
Competition
The businesses that provide a good or service that is SIMILAR…
econ section 1
Perfect Competition
Commodity
Barrier to entry
Imperfect competition
a market structure in which a large number of firms all produ…
a product that is considered the same no matter who sells it
any factor that makes it difficult to enter a market
a market structure that fails to meet the conditions of perfe…
Perfect Competition
a market structure in which a large number of firms all produ…
Commodity
a product that is considered the same no matter who sells it
Section 1 Econ 7
Start-up competitions
Imperfect competition
Barrier to entry
Commodity
the expenses a new business must pay before it can begin to p…
a market structure that fails to meet the conditions of perfe…
any factor that makes it difficult to enter a market
a product that is considered the same no matter who sells it
Start-up competitions
the expenses a new business must pay before it can begin to p…
Imperfect competition
a market structure that fails to meet the conditions of perfe…
5 terms
Econ chapter 7:1
Perfect competition
Commodity
Barrier to entry
Imperfect competition
A market structure in which a large number of firms all produ…
A product that is considered the same no matter who produces…
Any factor that makes it difficult for a new firm to enter a…
A market structure that fails to let the conditions of perfec…
Perfect competition
A market structure in which a large number of firms all produ…
Commodity
A product that is considered the same no matter who produces…
Econ Vocab 7 Section 1
Commodity
Perfect Competition
Imperfect competition
Start up competitions-
A product that is considered the same no matter who sells it
A market structure in which a large number of firms all produ…
A market structure that fails to meet the conditions of perfe…
The expenses a new business must pay before it can begin to p…
Commodity
A product that is considered the same no matter who sells it
Perfect Competition
A market structure in which a large number of firms all produ…
Chapter 7 Section 1
Perfect competition
Commodity
Barrier to entry
Imperfect competition
A market structure in which a large number of firms all produ…
A product that is considered he same no matter who produces o…
Any factor that makes it difficult for a new firm to enter a…
Market structure that fails to meet the conditions of perfect…
Perfect competition
A market structure in which a large number of firms all produ…
Commodity
A product that is considered he same no matter who produces o…
5 terms
7.1
Perfect competition
Commodity
Barrier to entry
Imperfection competition
Market structure in which a large number of firms all produce…
Product such as petroleum or milk that is considered the same…
And a factor that makes it difficult for a new firm to enter…
Market structure that fails to meet the conditions of perfect…
Perfect competition
Market structure in which a large number of firms all produce…
Commodity
Product such as petroleum or milk that is considered the same…
5 terms
econ 4.1
pure competition
commodity
barriers to entry
imperfect competition
simplest market structure
a product such as petroleum or milk that is considered the sa…
factors that make it difficult for new firms to enter a market
a market structure that fails to meet the conditions of pure…
pure competition
simplest market structure
commodity
a product such as petroleum or milk that is considered the sa…
Competitive and concentrated markets Chapter 4
Price taker
Price maker
Competitive market
Concentrated market
a firm which accepts the ruling market price set outside its…
a firm possessing the power to set the price within the market
firms strive to outdo their rivals, but does not necessarily…
market containing very few dominant firms - in extreme cases…
Price taker
a firm which accepts the ruling market price set outside its…
Price maker
a firm possessing the power to set the price within the market
27 terms
Chapter 7: Market Structures
perfect competition
commodity
barrier to entry
imperfect competition
a market structure in which a large number of firms all produ…
a product that is the same no matter who produces it, such as…
any factor that makes it difficult for a new firm to enter a…
a market structure that does not meet the conditions of perfe…
perfect competition
a market structure in which a large number of firms all produ…
commodity
a product that is the same no matter who produces it, such as…
31 terms
Competitive and Concentrated Markets (4)
Market Structure
Price Taker
Price Maker
Perfect Competition
The organisation of a market in terms of the number of firms…
A firm which passively accepts the ruling market price set by…
A firm possessing the power to set the price within the market.
A market that displays the six conditions of: a large number…
Market Structure
The organisation of a market in terms of the number of firms…
Price Taker
A firm which passively accepts the ruling market price set by…
Market structures
Benefits of competition
Industry
Market structure
Market power
Forces producers to operate efficiently, lowers prices, impro…
Consists of all firms (businesses) making similar or identica…
Depends on the number of firms in the industry and how they c…
How much control that a business has over manipulating the pr…
Benefits of competition
Forces producers to operate efficiently, lowers prices, impro…
Industry
Consists of all firms (businesses) making similar or identica…
chapter 7section 1
perfect competition
commodity
barrier to entry
imperfect competition
A market structure in which a large number of firms all produ…
something useful that can be used for financial advantage; a…
any factor that makes it difficult for a new firm to enter a…
a market structure that does not meet the conditions of perfe…
perfect competition
A market structure in which a large number of firms all produ…
commodity
something useful that can be used for financial advantage; a…
10 terms
Key terms: Perfect competition, imperfectly competitive markets and monopoly.
Market structure
Entry barriers
Exit barriers
Natural barriers
The organisational and other characteristics of a market
Obstacles that make it difficult for a new firm to enter a ma…
Obstacles that make it difficult for an established firm to l…
Barriers resulting from inherent features of an industry e.g.…
Market structure
The organisational and other characteristics of a market
Entry barriers
Obstacles that make it difficult for a new firm to enter a ma…
Economics Updated Lesson
4 conditions for perfect competition
barrier to entry
start-up cost
monopoly
many buyers and sellers... identical products... inform buyers and…
factors that make it difficult for new firms to enter a market
expenses that a new business must pay before the product reac…
a market dominated by a single seller
4 conditions for perfect competition
many buyers and sellers... identical products... inform buyers and…
barrier to entry
factors that make it difficult for new firms to enter a market
10/15
Perfect competition
Commodity
Barrier to entry
Imperfect competition
A market structure in which a large number of firms all produ…
A product that is the same no matter who produces it, such ad…
Favors that make it difficult for new firms to enter a market
Does not meet the conditions of perfect competition
Perfect competition
A market structure in which a large number of firms all produ…
Commodity
A product that is the same no matter who produces it, such ad…
Economics Chapter 7: Market Structures
market structure
perfect competition
standardized product
price taker
an economic model of competition among businesses in the same…
the ideal model of a market economy; the market structure in…
a product that consumers consider identical in all essential…
a firm that must accept the market price set by the interacti…
market structure
an economic model of competition among businesses in the same…
perfect competition
the ideal model of a market economy; the market structure in…
15 terms
Economics - Chapter 7
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
A market dominated by a single seller
A market structure in which a few large firms dominate a market
A market structure in which a large number of firms all produ…
A market structure in which many companies sell products that…
Monopoly
A market dominated by a single seller
Oligopoly
A market structure in which a few large firms dominate a market
62 terms
Social Studies 4-8:Economics
Free Enterprise System
Command Economy
Socialist System
Capital
America's economic system; private or corporate ownership of…
Economic decisions are made by the central government. Govern…
Government owns most basic industries, decides how much to pa…
Money used to expand a business
Free Enterprise System
America's economic system; private or corporate ownership of…
Command Economy
Economic decisions are made by the central government. Govern…
Business Management Chapter 4 Review
Task Environment
General Environment
Environments in Global Environment
Barriers to Entry ... (Factors that make…
1. Suppliers... 2. Distributors... 3. Competitors... 4. Customers
1.Technological Forces (advancements in tech)... 2.Economic Forc…
1. General Environment... 2. Task Environment
1. Economies of Scale - (cost advantages w/ large operations)…
Task Environment
1. Suppliers... 2. Distributors... 3. Competitors... 4. Customers
General Environment
1.Technological Forces (advancements in tech)... 2.Economic Forc…
15 terms
Economics - Chapter 7
Monopoly
Oligopoly
Perfect Competition
Monopolistic Competition
A market dominated by a single seller
A market structure in which a few large firms dominate a market
A market structure in which a large number of firms all produ…
A market structure in which many companies sell products that…
Monopoly
A market dominated by a single seller
Oligopoly
A market structure in which a few large firms dominate a market
pure competition
commodity
barrier to entry
imperfect
simplest market structure
product that is considered the same no matter who produces or…
any factor that makes it difficult for a new firm to enter a…
a market structure that fails to meet the conditions of perfe…
pure competition
simplest market structure
commodity
product that is considered the same no matter who produces or…
34 terms
AQA Year 1 Microeconomics - Unit 4 Competitive and Concentrated Markets
Market Structure
Price Taker
Price Maker
Perfect Competition
the organisation of a market in terms of the number of firms…
a firm which passively accepts the ruling market price set by…
a firm possessing the power to set the price within the market
a market that displays the six conditions of: a large number…
Market Structure
the organisation of a market in terms of the number of firms…
Price Taker
a firm which passively accepts the ruling market price set by…
15 terms
Plan now, succeed later
Accounting
Appendix
Balance sheet
Barrier to (market) entry
The process of keeping and interpreting financial records
A segment added to the end of a document; includes supporting…
A financial statement that captures the financial condition o…
Anything that blocks the way or makes it more difficult to en…
Accounting
The process of keeping and interpreting financial records
Appendix
A segment added to the end of a document; includes supporting…
Competitive and concentrated markets
Price taker
Price maker
Competitive market
Concentrated market
a firm which accepts the ruling market price set outside its…
a firm possessing the power to set the price within the market
firms strive to outdo their rivals, but does not necessarily…
market containing very few dominant firms - in extreme cases…
Price taker
a firm which accepts the ruling market price set outside its…
Price maker
a firm possessing the power to set the price within the market
5 terms
Econ ch7
Perfect competition
Commodity
Barrier to entry
Imperfect competition
A market structure in which a large number of firms all produ…
Product that is the same no matter who produces it such as pe…
Any factor that makes it difficult for a new firm to enter a…
Market structure that does not meet the conditions of perfect…
Perfect competition
A market structure in which a large number of firms all produ…
Commodity
Product that is the same no matter who produces it such as pe…
14 terms
Marketing ch 3
environmental scanning
social forces
demographics
blended family
Environmental scanning is the process of continually acquirin…
Social forces are the demographic characteristics of the popu…
Demographics describe a population according to selected char…
A blended family is a family formed by merging two previously…
environmental scanning
Environmental scanning is the process of continually acquirin…
social forces
Social forces are the demographic characteristics of the popu…
48 terms
Economics Chapter 7: Market Structure Combo
Competition
Market Structure
Perfect Competition
5 Characteristics of a perfect competi…
Involves all the actions that sellers acting independently ta…
A economic model that allows economists to examine competitio…
The ideal model of a market economy.
1. Numerous buyers & sellers.... 2. Standardized products ... 3. Fr…
Competition
Involves all the actions that sellers acting independently ta…
Market Structure
A economic model that allows economists to examine competitio…
Economics Chapter 7: Market Structures
market structure
perfect competition
standardized product
price taker
an economic model of competition among businesses in the same…
the ideal model of a market economy; the market structure in…
a product that consumers consider identical in all essential…
a firm that must accept the market price set by the interacti…
market structure
an economic model of competition among businesses in the same…
perfect competition
the ideal model of a market economy; the market structure in…
Competitive and Concentrated markets
Market structure
Price taker
Price maker
Perfect competition
the organisation of a market in terms of the number of firms…
a firm which passively accepts the ruling market price set by…
a firm possessing the power to set the price within the market.
a market that displays the six conditions of: a large number…
Market structure
the organisation of a market in terms of the number of firms…
Price taker
a firm which passively accepts the ruling market price set by…
32 terms
Economics Chapter 7: Market Structures
market structure
perfect competition
standardized product
price taker
an economic model of competition among businesses in the same…
the ideal model of a market economy; the market structure in…
a product that consumers consider identical in all essential…
a firm that must accept the market price set by the interacti…
market structure
an economic model of competition among businesses in the same…
perfect competition
the ideal model of a market economy; the market structure in…
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