Monopolistic Competition, This would be considered a monopoly because they are the only deliverer of mail in the United States.
MGT 330. Nike’s Organizational Structure. Nike is a “Global marketer of athletic footwear” (Nikebiz, 2010) Nike operates in 160 countries and has many brands including Nike Golf and Air Jordan. The mission statement of Nike is to “Bring inspiration and innovation to every athlete in the world” (Nikebiz, 2010). Organizational Structure. Nike is a divisional company but retains some functional departments as well. The brands Nike sells comprise many of the divisions of the company. Apparel for Nike brand, Converse, and Jordan brands are examples of some divisions created around specific products. Nike Research Paper. or activity is the main focus or line of products that the business ventures into and the types of products that they aim to sell to the consumer market. Nike is a clothing and goods manufacturer, focusing on athletic shoes, apparel, sporting goods and accessories. Originally known as Blue Ribbon Sports.. Before looking at the relationship between Nike's corporate structure and competitive strategy, it will help to review the changing business environment faced by large and small firms alike.  Monopolistic Competition. The market structure that has all the conditions of perfect competition except for identical products. Nike. Nike is a multinational corporation that is involved in the design, development and worldwide marketing and selling of footwear, equipment, and accessories. A market structure with only one seller of a particular product. Types of Monopolies. U.S. Postal Services. This would be considered a monopoly because they are the only deliverer of mail in the United States. 1 Oligopoly, in which a market is run by a small number of firms that together control the majority of the market share. 2  Duopoly, a special case of an oligopoly with two firms. 3  Monopsony, when there is only a single buyer in a market. 4  Oligopsony, a market where many sellers can be present but meet only a few buyers. 1 Duopoly, a special case of an oligopoly with two firms. 2  Monopsony, when there is only a single buyer in a market. 3  Oligopsony, a market where many sellers can be present but meet only a few buyers. 4  Monopoly, where there is only one provider of a product or service. Answers. Best Answer: Monopolistic Monopolistic competition is a common market form. Many markets can be considered as monopolistically competitive, often including the markets for books, clothing, films and service industries in large cities. Source(s): dazed&confused · 9 years ago.  Types of market structures [edit]. 1  Monopolistic competition, a type of imperfect competition such that many producers sell products or services that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes. 1 Duopoly, a special case of an oligopoly with two firms. 2  Monopsony, when there is only a single buyer in a market. 3  Oligopsony, a market where many sellers can be present but meet only a few buyers. 4  Monopoly, where there is only one provider of a product or service. Nike is a monopolistic competition because they have the aspects that a perfect competition has, except their products are not exactly like their competitors such as Adidas and Under Armour. Characteristics of Monopolistic Competition. Monopolistic competition is characterized by product differentiation. A market structure with only one seller of a particular product. Types of Monopolies. U.S. Postal Services. This would be considered a monopoly because they are the only deliverer of mail in the United States. Nike believes that there are endless possibilities for human potential in sports. The company also likes to believe that there are endless possibilities for their business to grow. One of their goals is to create business opportunities that set Nike apart from the competition and provide value for their shareholders. The organizational structure of this company deals a lot with competition. Since Nike is a business revolving around athletics, competition obviously plays a significant role. Besides the theme of their merchandise, the company also must be competitive in the markets they are placed in all over the world. Nike I. Company Description Nike is a consumer products company that designs, develops and sells athlete footwear and equipment for a variety of sports. Originally (1971) known as Blue Ribbon Sports, founder Phil Knight created the company to provide athletes with better shoes. It wasn’t until... or activity is the main focus or line of products that the business ventures into and the types of products that they aim to sell to the consumer market. Nike is a clothing and goods manufacturer, focusing on athletic shoes, apparel, sporting goods and accessories.
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what type of market structure is nike