We can work on Strategy for the Oligopoly

After world war II, young Tucker tried to break in the automobile business with his original “Tucker Torpedo” automobile.(You should see the movie”Tucker”) But the Big three automobile makers(GM, FORD, and CHRYSLER) formed their own exclusive club, not allowing a new comer to join the club. With a plot(bully tactic, squeeze the capital, or tarnish Torpedo’s credibility), they destroyed young Tucker’s dream to be a major car maker.

Suppose you are in the same position as Tucker’s to break in the Oligopoly market(Big three ).

a.What’s your own strategy to survive and prosper in the oligopoly jungle?

b. Is it an good idea to patent his torpedo first and work for the big companies until he accumulates enough capital to compete against big guys? (old saying, if you cannot win over your opponent, try to make your opponent as your friend, then regroup , re-energize and beat it up later) or build your business quietly and slowly outside of Big firms’ market territory or radar such as early growth strategy of WalMart in supermarket industry or Google in internet search engine business or what other idea of yours?

Sample Solution

Content see of this article: This page of the paper has 910 words. Download the full form above. Section Discussion Questions #1 1. The sociological point of view, as a perspective about the world, incorporates the sociological creative mind from C. Wright Mills, the learner’s brain from Bernard McGrane, and culture stun from humanities. What do each of the three of these ideas share for all intents and purpose? Sociological point of view from the book’s definition implies a perspective on world through a sociological focal point. They mean permitting one’s self to have a receptive outlook that is happy to acknowledge new thoughts. Sociological creative mind is a nature of the mind that permits us to comprehend the connection between our individual conditions and bigger social powers, since something happens a specific route in our lives it doesn’t imply that it happens each and every opportunity to everyone. Learner’s psyche is moving toward the world without previously established inclinations so as to see things in another manner. Having a tenderfoot’s psyche essentially implies that one must have next to zero desires and as opposed to considering things a specific way, to accept it from their perspective. Culture stun is a feeling of bewilderment that happens when you enter a drastically new social or social condition. Each of the three ideas have something to do with having a receptive outlook. As a gathering, we will in general view significant themes a similar way. We were educated to think about these things a specific way, every one of the three ideas guide us to change or view things without any desires. 2. Old style sociological hypothesis emerged in the nineteenth century, in the repercussions of the American and French Revolutions and during the Industrial Revolution. Clarify how the speculations of Karl Marx, Emile Durkheim, and Max Weber all mirror a worry for the outcomes of current life. Karl Marx’s contention hypothesis is for the most part about the battle of influence and cash between social classes (the bourgeoisie and the low class). His background had a great deal to do with how he saw society. He was said to have driven a financially delicate life. He accepts that the bourgeoisie will surpass the low class and the contention would at that point end. Emile Durkheim led an investigation on various gatherings and inferred that an person’s solidarity to their general public is a significant key in suicide. Much like Marx’s hypothesis, Weber says that social orders comprise of a various leveled framework where the higher class rules while the lower class needs to subordinate. These hypotheses despite everything remain constant up to date somewhat. There still is a contention between social classes, the poor appears to be working a lot harder and does the messy work yet gets paid the least. Durkheim’s>

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