Describe the dominant characteristics of the industry


Describe the dominant characteristics of the industry (military) in which your company operates, addressing the following questions:

Who are your main competitors?

Are they significant barriers to entry?

What is your company’s market share?

What is the market share of your main competitors?

What is the four-firm concentration ratio in your industry? Over time, has this ratio increased, decreased, or remained constant?

Is your company a military contractor? If so, how are prices determined?

Based on your previous answer, is your industry moving more in the direction of competition or is it moving more in the direction of market power?

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Business Economics: Describe the dominant characteristics of the industry
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This is related to the different market characteristics of a defense contractor company in US defense industry. the market share, barriers to entry, nature of competition and pricing strategies are discussed here. The references are cited in APA style.

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