Rusith Yapabandara is contributing as the key author for LearnBusinessConcepts. He has over eight years of corporate experience in multinational companies and has several years of academic consulting experience.
He is a Passed Finalist of CIMA (UK), PMP (USA) Certified, and Completed BCS HEQ (UK). He is enjoying reading, acquiring knowledge in his spare time, and also keen to share his knowledge. Rusith has been a contributor to Learn Business Concepts since 2020. You may reach him on Linkedin.
Market structure refers to how markets/industries are differentiated based on the nature of competition, product uniqueness, the comfort of entry and exit, the degree of mutual interdependence, and other factors. There are four types of market structures include perfect competition, monopolistic competition, oligopoly, and monopoly.
An oligopoly market is a market structure type in which less number of firms have the entire market control. This article contains the advantages and disadvantages of an oligopoly market.
1. Barriers to Entry 2. Few Firms with Large Market Share 3. Each Firm Has Minor Own Market Power 4. Higher Prices Than Perfect Competition 5. Inter Dependency Between Firms 6..
1. Internet Browser Market Share in America & Canada 2. Smartphone Operating System Market in America 3. Music Industry 4. Banking Industry in Canada 5. Social Media Market Share in the United States & Canada 6…
An oligopoly market is a type of market structure where few firms have the entire market control. These few firms have the capability to decide the entire prices and supply of the market on a collaborative basis. But they don’t have the capacity to influence the market on their own.
The art world is booming thanks to the creative people around the world. It is amazing when you think that you can turn your art hobby into a profitable business. Here is the Nine-Step Guide to Start A Profitable Art Business.
We all have hobbies which we are enjoying during our leisure time. Most people don’t enjoy what they do for earning and likely work only to pay the bills. But some people are fortunate to do what they love and earn a good income. Here are the Top Lucrative Hobbies that Make Money.
Are you a student looking to earn extra income on the side? Here are the best 24 easy-to-start business ideas for you.
Starting a beauty-related business is a great way to earn a good sum of cash flow and also do what you are passionate to do. Here are the Top 20 Beauty Business Ideas Which You Can Grow Into Lucrative Monthly Income.
Starting your own business is a great idea. But the most trouble for the majority of entrepreneurs like you is the high capital investment required to start a business. This article presents some of the best business ideas which you can start with very low investment (low cost).