Assignment:
The Constant Fight for Profitability: Market Structure and Porter's Five Forces
What is market structure and what is Porter's Five Forces? Here is some help.
Select a monopolistic competitive firm and an oligopoly firm. Then apply Porter's five forces and compare:
1) What are the challenges to profits faced by each firm?
2) Which firm is likely to have a much higher rate of return?
3) What challenges to profits arise due to supply chain and intermediary consumers such as processors and distributors?