Grade 8B
News 1: Increase Competition Among Banks to Help Small Businesses
News 2: Energy: Is there enough competition in the market?
News 3: Cement firms to face more competition after inquiry
News 4: Can India's traditional family firms beat competition?
News 5: More competition in banking depends upon a more feasible plan
News 6: Competition Commission orders two healthcare groups to sell nine hospitals
News 7: European Commission rejects Google's latest proposals to settle antitrust case
News 8: Car insurance too high, says Competition Commission
News 9: Google, the EU and antitrust Search over: The third attempt at a settlement is likely to be the last
News 10: Ed Miliband to call for banking competition inquiry
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Case Studies based Question
Please read above mentioned news articles and use the information in preparing your article for the given question. I will appreciate if you use other referenced information in support of your answer.
In business competition encourages the firms to be more efficient, productive and cost effective. It helps them to gain greater market share, maintaing higher profits and boasting themselves as a market leader. But all this comes at a cost. Firms spends lots of resources to maintain their advantage over the rival firms through price and non price competing strategies.
Last date for Submission:
March 2nd 2014
Please Write Your Response in 500 Words
Note:
1. Write with references.
2. Market evidence in support of your reasons.
3. Marks allocation for this article is 20
Rubrics for Marks.
A. Theoretical Explanation 5 Marks
B. References. 5 Marks [Use Harvard referencing style]
C. Use of Key words. 5 Marks
D. Examples from various Markets 5 Marks