Market structure management (1)
Market structure management refers to the strategic planning and decision-making processes undertaken by firms to understand, analyze, and respond to the characteristics and dynamics of the market in which they operate. Here are some key aspects of market structure management:
Market Analysis: Firms must conduct thorough analyses of the market structure in which they operate. This involves assessing factors such as the number and size distribution of firms in the industry, the level of product differentiation, the degree of barriers to entry, and the nature of competition.
