CHAIRMAN - BITEX IND... • 1y
Types of market 1. Perfect Competition: Many buyers and sellers with identical products. 2. Monopoly: Single seller dominating the market. 3. Monopolistic Competition: Many sellers offering differentiated products. 4. Oligopoly: Few large firms
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Blue Ocean strategy is a business approach that focuses more on such Blue Ocean areas. There are two types of market spaces(oceans): Blue and Red a] Blue Ocean is the new, uncontested market space, competition is negligible, increases profitability
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