Depending on the market model
Perfect competition in its pure form is extremely rare. In this case japan number for whatsapp all participants in market relations are in absolutely equal conditions and are unable to influence the overall situation. Signs of such competition:
a multitude of producers, each of whose share is insignificant in terms of the market scale;
homogeneity and interchangeability of goods, for example grain;
no restrictions on market access;
market participants are not dependent on each other in any way, and there is no direct competition between them;
mobility of labor, material and financial resources, which can easily move from one sphere to another;
availability of complete information about the market situation;
the absence of other important factors such as high inflation and unemployment.
Types of competition
Imperfect competition is widespread, and the difference between its types is only in the number of competitors represented on the market. Its characteristic features are:
division of market space between large producers;
each participant takes into account the actions of competitors when developing a development strategy;
manufacturers can influence the price;
Competition is waged through various methods, including price wars.
Types of Competitors in Relation to the Industry
Intra-industry competition is limited to the framework of one sphere of production, and here, too, the following options are possible:
product competition, in which competitors produce a similar product;
species, characterized by the presence of brands that differ in their characteristics. For example, in furniture production, manufacturers are graded according to the materials used, quality of finishing, and other parameters.
Inter-industry (functional) competition involves companies from different fields of activity, but united by one target audience.
