Assess the likely barriers to competition in the industries supplying leisure goods and services.
Date Submitted: 05/20/2003 14:13:43
Category: / Business & Economy / Economics
Length: 6 pages (1665 words)
Category: / Business & Economy / Economics
Length: 6 pages (1665 words)
This essay is going to look at various barriers to competition available to firms specific to the leisure industry. This industry takes a very broad form and so cannot easily be defined. I am going to take it to mean anything to do with leisure from clothing and equipment to stadia and sponsorship. There are many different barriers but the usefulness of each of these to a firm will depend on the individual firms' market …
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…industry are not homogeneous and so many sellers can be present in the market selling similar but not identical products.
Bibliography
Bain, J.S, (1993) Barriers to New Competition: Their characteristics and consequences, Cambridge, Harvard University Press
Geroski, P.G, (2001) Barriers to Entry and Strategic Competition, London, Routledge
Pindyck, R.S, Rubinfeld, D.L (2001) Microeconomics, London, Prentice Hall
Sloman, J (2000) Economics, London, Prentice Hall
Wilson Annual Report, 2000
www.nike.com
www.sunsail.com
www.firstchoiceuk.com
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