Question

Discuss two factors that are likely to determine the success of the fruit cartels.

Answer 1

The following town factors that determine the success of fruit cartels are-

1.MARKET- it is very crucial to think of the right market to target because if it is not done properly then it may lead to a waste of time and resources.For example;e if fruit cartels know that which country demands best and high quality of fruits then will be easier for them to design the strategy and plan to earn the profit

2. Restriction of entry-It is core understanding to look for it because if they continuously allow anyone to join the fruit cartel then it may lack of coordination and thinking which will be a losing deal for the growth of cartel. The number should be restricted and should be of qualitative one rather than to be quantitative.