The behaviour of organisations and the market environment Essay

The behaviour of organisations and the foodstuff environment - Essay ExampleSony being one of the leaders in the music, movies, gaming and electronic industriousness is competing with umpteen players in the electronic grocery store. Several players like Samsung, hp, LG are already in a wet position in the commercializeplace with around same market share. The effort of electronics grew at a precise fast pace over the year and with the emergence of many new companies from South Korea like Samsung and LG many existing players of the market like Sony are suffering to maintain their market share. Samsung maintained a coarse profit of $3 billion profit while Sony suffered in earning during the same period (LedTV, 2011). To maintain the market share the company need to develop a strong base to compete with the global market (Market Research News, 2011). Though these players are entering into the market but threats from new entrants are relatively outset in electronics industry as compared to other industry. The capital requirement for the entry is huge for the new players which is not possible for many to enter the market. The switching cost of the new entrants is also high in electronic industry. For new players its difficult for them to know the new technologies and invest in research and development process. The diversify product line from the existing players like Sony is a great advantage for them. Economies of scale are other issue which keeps the controversy low from the new players. Define the meaning of perfect competition. To what extent does your chosen industrys structure fit with your definition? In a perfect competition scenario all the players of the market are approximately equally sharing the market share. None of the companies in the market are handsome enough to set the price for the industry. Most of the firms in the same industry produce same soma of products and follow the expected price for the product which other players are using . In a perfect competition market no single company leads the race for the industry. Everyone in the market possesses same kind of bittie market share. The customers in a perfect competition market are aware of the products from all the players and they shed an expected price of the different products from the companies the new entrants can enter with ease in this market bit and they also don