The 10 Most Important Dinosaurs of Europe

Characteristics Of A Market Structure - 1807 Words

What are the characteristics of a market and why are they so important? Simply, the characteristics that define a market are the market structure. The market structure is comprised of features that best describe the goods or services of a market along with the organizational or competitive characteristics (What is Economics?). Market structure can also define the number of companies that exist within a market, producing the same products or providing the same services. The market structure bares great influence on the actions and reactions of firms operating within the market, it also bares great significance on the way a firm will market and price the available products and services. Market structure is also a key component for a company†¦show more content†¦For a company to possess that freedom of entering and exiting implies that resources such as capital are mobile and that it will not result in the creation of barriers to entry. An example of these possible barriers of entry could be increasingly high start up costs that may incur for a new organization. 1.2. Pricing Strategies When figuring pricing strategies within the perfect competition model a firm must consider that the attributes of the product and any cost advantages will eventually be exposed, and will either be mimicked or beaten (Whinston, 1995). Though the perfect competition model is ideal, it is seemingly impossible for a single firm to consistently produce its services and goods at the lowest cost. Thus, the perfect competitor must continuously seek to improve cost management, its production technology, and even the economies of scope. The most effective way to do so is through the cost leadership strategy (Kimmons, 2013). This strategy both requires and allows the corporation to constantly seek ways to further decrease costs, enabling the firm to stay more advanced with leverage over the competition. This process needs to be repetitive, in order to maintain established leverage. 2. Monopolistic Competition 2.1. Description Monopolistic competition is a form of imperfect competition where firms offers products or services that are different from competitors meaning that the

The Early Release of Google Shares Free Essays

Google  Inc. ‘s  GOOG  -0. 72%  quarterly earnings report hit Wall Street more than three hours early on Thursday due to a glitch. We will write a custom essay sample on The Early Release of Google Shares or any similar topic only for you Order Now The bigger glitch was what the Internet giant’s results actually showed. Enlarge Image Shares of Google plunged after the company’s third-quarter results missed expectations of strong growth, and inadvertently were released well before the market’s close. Does Google’s notable revenue and earnings miss spell trouble for the tech sector? Is this a buying opportunity in Google shares? Ken Sena, Evercore managing director, joins The News Hub to discuss. Photo: REUTERS. Among the litany of issues, the Internet search giant’s profits slid 20% from a year earlier to $2. 18 billion, or $6. 53 a share. Revenue rose 45% to $14. 1 billion, thanks to the incorporation of Google’s new Motorola hardware unit. But revenue excluding Motorola slowed for the fourth consecutive quarter, dipping to a growth rate of 19% from rates of more than 20% for the past few quarters. At the same time, Motorola also revealed a bigger-than-expected operating loss. The weak results, coupled with their unexpectedly early release from financial printer  R. R. Donnelley  RRD  -2. 56%  ; Sons Co. , wiped $22 billion off Google’s market capitalization halfway through the day. Google’s shares halted trading for a time before resuming. Google shares tumbled after the company’s Q3 earning slipped out prematurely. WSJ’s John Letzing has details on Digits. Photo: Getty Images. As of the 4 p. m. market close, the shares had recovered slightly to end at $695, down $60. 49, or about 8% for the day. Still, the stock drop was a reversal for Google, which had experienced a run-up in its shares in recent months. The company’s market capitalization had recently pulled even with  Microsoft  Corp. MSFT  +0. 44%  for the first time, fueled by perceived good news about its online-ad business and missteps from rivals such as  Facebook  Inc. FB  +0. 33% At the crux of Google’s profit slide was the growth rate of its biggest and most profitable revenue engine: ads on its Web-search engine and video site YouTube. The growth rate of those ad sales has steadily dropped since mid-2011. In the latest quarter, sales of the ads rose 15%, but that was down from 39% growth a year ago. The growth rate for uch ads fell not because advertisers were buying fewer of the ads—in fact, Google sold 33% more ads in the third quarter. But the average price paid by Web-search advertisers to Google per click dropped by 15% in the third quarter, Google said. The Early Earnings Release * Heard:  Buying Opportunity * Early Release a ‘Human Error’ * ‘Pending Larryâ€⠄¢s Quote’ * @PendingLarry: From Silent to Meme * Five Takeaways * Google Unveils $249 Chrome Laptop * Retail Investors Can’t Keep Up Driving the declining prices for the ads was the shift by advertisers toward mobile ads, analysts said. That change is hurting Google in the short term because mobile ads cost less than online ads viewed on desktop computers. Some industry experts, however, predict the price differential will be minimal by the end of next year. Other Web companies are also grappling with the shift to mobile ads. Facebook, which reports earnings next week, has been racing to offer more mobile ad formats after earlier focusing more on online ads viewed on PCs. Google also faces toughening competition in its core search market, which also has a knock-on effect on its search ads. People may be doing some of the most valuable type of Web searches—those that relate to shopping—on sites like  Amazon. com  Inc. AMZN  +0. 82%  rather than on Google, said Sameet Sinha, a stock analyst at B. Riley ; Co. Advertisers generally are happy with Google. But Microsoft Corp. ‘s Bing search engine, which also powers  Yahoo  YHOO  +1. 51%  Search, has been capturing market share over the past year, according to Aaron Goldman, chief marketing officer of Kenshoo Ltd. , which helps companies like  Expedia  Inc. EXPE  +1. 35%  and  Sears Holding  Corp. SHLD  +1. 4%  advertise online. â€Å"We’re seeing the Yahoo/Bing network taking share because clients get a 30% better return on their investment than on Google,† he said. Enlarge Image On an earnings call Thursday, Google Chief Executive Larry Page quickly moved to calm fears about mobile after saying he was â€Å"sorry for the scramble† involving the premat ure earnings release. Mr. Page, speaking in a halting and hoarse voice, said there is â€Å"tremendous innovation in advertising, which I believe will help us monetize mobile queries more effectively than desktop today. He also noted there are more than 500 million devices powered by Google’s mobile Android software and that come preloaded with Google’s search engine and its other services. Google stands to take a bigger revenue cut from ads that appear on Android devices than it does from  Apple  Inc. ‘s  AAPL  +1. 36%  iPhone and iPad. Mr. Page said Google was on pace to generate $8 billion a year from mobile devices, including advertising and sales of music, movies and apps on Android devices. A year ago, Google said it was on pace to generate $2. billion related to mobile devices, but that included only mobile ads, not content sales. Google’s $12. 5 billion acquisition of Motorola also dragged on results. In its first full quarter as part of Google, the handset maker generated $2. 58 billion in revenue, lower than the $2. 75 billion that Mr. Sinha expected. Motorola also had a loss of $527 million. Google has said that it plans to cut costs at the division, including by laying off 20% of Motorola staff, or 4,000 jobs. On the call Thursday, Google said Motorola’s results would be â€Å"quite variable† in the coming quarters. Despite all the issues, some analysts who had been bullish on Google remained upbeat. â€Å"While slight overall, Google numbers are not as bad as they initially appeared,† wrote Doug Anmuth, a stock analyst at  J. P. Morgan Chase  JPM  -0. 35%   Co. , during Google’s stock halt, adding that any investors who bought into the stock would be â€Å"taking advantage of the sharp selloff. † Google said it had $45. 7 billion in cash at the end of September, up from $43. 1 billion at the end of the second quarter. Its head count was 53,546, down from 54,604 three months earlier, including 17,428 employees at Motorola. How to cite The Early Release of Google Shares, Essay examples

Knowing Courage free essay sample

What is courage, is the question many people are asking today. Is there a proper definition to this spiteful action and mind consuming word? And how do we explain this to others who ask what courage is and argue certain points on why someone might act courageously? In order to answer these questions, a person must first learn the points and ideas that the word courage brings forth. Courage is related to belief, will, and danger and always having to go down the difficult path. When someone believes in doing something, that something might be a courageous act such as, a person sticking up for their family when people are saying bad or harmful things about them. The difficult path in this scenario is you or me having to confront the angry people to calm them down and help them understand what they dont know about the family. Then also knowing that those people might hurt you for even walking near them. We will write a custom essay sample on Knowing Courage or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page John F. Kennedy once said It is from numberless diverse acts of courage and belief that human history is shaped. This means that courage and belief are forever intertwigned and change our history constantly all by people sticking up for what they believe in and their acts of courage for that belief. What one person may believe in will always be different than someone elses belief, but people will always act courageously for what that belief is is. Then that curagouse act that someone might put forth will also include the will to do it. In the What is Courage article, the auther says Courage is often a measure of our self-esteem. This also relates to the Will of doing something and is overall, also measured by our self-esteem. People must have the will to act in a risky maner to protect or save what they believe in, which is determined by how much self-esteem they have. A good description of a person with high self-esteem and will to protect or save are sodiers. These men and women go out to serve their country and constantly go into terrifying situations, or the difficult path. They risk and sometimes give their lives in order for other people to continue theirs. They do thousands of curagouse acts including the simple thing of voleering. The same thing is established in the article What is Courage, when the author tells of the ancient Greeks and how their courage is natural and voluntary. The ancient Greeks volunteered to serve as people do today and to them, it was natural or the natures wasy of courage. But this type of courage and any other kind of courage will always include a continuing aftermath in relult of the actions given in courage. Danger is alway iminate when facing the word and actions of courage. Danger is always thought of to one day be gone. But thats not true; In the article The Eternal Strugle of Good and Evil, James Kirk Wall says, There will always be good and always be evil. One cannot exist without the other. This concept is the same with danger. Danger can not live without safety. Then there are several different kinds of danger that can result from a courageous act. These different kinds of danger are classified in three categories; moral, physical, and moral/physical danger. The difference between these categories are told by themselves. Moral danger is danger created within the mind mainly as what will happen if I do this? The danger might not happen but it is there and could potentially come to life. Then physical danger; danger that can hurt or harm you. Things like getting shot, punched, broken bones, open wounds of any kind, and even death. These kinds of danger can happen all the time even at the most unexpected terms, which comes to the final danger; Physical/moral danger. This kind of danger is a combination of the thought of, if something will happen, then that thought comes to life and becomes physical danger. These categories of danger are all results in facing a simple of complex courageous act, from going off a zip line even though you are scared of heights to serving your country for the benefit of your loved ones and people you may not know or even ever meet. Courage surrounds us, but is always related to belief, will, and danger with having to go down the difficult path. We all have done courageous acts, even when we didnt classify or think it was such an act. We all have faced danger, either from the result of courage or plain life dealings. And we all have had to project the will to go down a difficult path knowing of what is at the end. You and me. So when we think or hear of arguments about if someone should receive a medal or be praised for actions. look back on what that person did and how the did it. Assess actions and be bold in finding the right way. Nothing is wrong, but then again, nothing is right either. so when the answer is found, dont hide it but bring it to the world even if your scared to do so. Be curagouse.