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Introduction to Economics
C/E/746. Theory of economics: Porter's Five Forces model, market structure and UK small businesses
- WORDS:
- 1400
- DATE:
- 2011
- PRICE:
- 19.99 GBP
The paper addresses the topics related to the theory of economics analysing the Five Forces model by Michael Porter, explaining the role of market structure and the concepts of monopoly and oligopoly, and discussing the impacts of small businesses on the UK economy.
KEYWORDS: Porter’s Five Forces, market structure, monopoly, oligopoly, UK small businesses,
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