Industry concentration refers to the extent to which large f…

Industry concentration refers to the extent to which large firms dominate an industry. Buyers and suppliers generally have more bargaining power when they operate in concentrated industries. This is because the firms that do business with them have fewer options when seeking buyers and suppliers. Full-service restaurants are considered “fragmented” industries. What level of concentration would this industry fall under?

Keri is the chief of operations of an oil company operating…

Keri is the chief of operations of an oil company operating out of the Gulf of Mexico. Her responsibilities include keeping the rigs and fracking stations on target and handling any complaints from their operations. A new U.S. President and congressional leadership have just been elected. Of all the facets of a PESTEL analysis, which are the two that should be re-examined?

Emma recently acquired a company operating in an industry th…

Emma recently acquired a company operating in an industry that has low competition and low threat of substitutes. Also, the chances of another company entering the industry is low because initial capital requirements are high. The industry has multiple suppliers and many buyers willing to pay for its products. Do you think that Emma will be profitable with her new company in this industry, and why or why not?