Question

Is Nestle an Oligopoly? What is their Pricing Strategy? Who are the competitors? Are they conglomerates?...

Is Nestle an Oligopoly? What is their Pricing Strategy? Who are the competitors? Are they conglomerates? Mergers and Acquisitions? Market Power? Anti trust issues?

Please cite your sources, thank you?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Nestle company which was started in 1866 by Henri Nestle is a Oligopoly.An oligopoly is a type of market which is ruled by a of sellers that occupy a significant share of the market.The competitors of Nestle are Kraft foods and Pepsico.A conglomerate is a multinational company that owns many brands under one parent company.Nestle is a conglomerate as Nestle owns more than 2000 brands such as nescafe, Cerelac, Maggi, Munch, etc.across many countries.Even Pepsico is a conglomerate it owns several brands such as pepsi,Minutemaid,maaza,lays,etc.across many countries.Kraft owns brands such as Kraft cheese,Cadburry,Oreo etc. across many countries.The Kraft company was had a merger with Heinz and is now named as Karft-Heinz.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Identify a product that has variances in pricing depending on the time of day, the day...
Identify a product that has variances in pricing depending on the time of day, the day of the week, time of year, location, or market segment. Why is the company using this pricing strategy? Please cite your sources.
Product Bundle Pricing has become a very popular pricing strategy. Identify 2 competitors that offer bundle...
Product Bundle Pricing has become a very popular pricing strategy. Identify 2 competitors that offer bundle pricing such as DirecTV/cable or cell phone companies. Are they making the most of product bundle pricing? What suggestions could you offer to improve their competitive positions against one another? Are you influenced by product bundle pricing? Why/why not?
Pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are...
Pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are relatively straightforward. Since the company is the only producer offering the product, it can mark-up the price as far as the customer can bear. The pricing strategies for a producer operating in a perfect competition structure are also fairly intuitive. They are price takers, and hence price is set at the marginal cost of the product. This is due to the fact that there...
Describe the pricing strategy of a recently launched product of your choice. What is the pricing...
Describe the pricing strategy of a recently launched product of your choice. What is the pricing structure and the logic behind it? What did the organization do to implement its pricing successfully in the marketplace? What was the analysis / decision making process that the company went through in arriving at the launch price? What role did competitive pricing behavior play in influencing the success/failure of the product? What improvements could you suggest on how the company approached pricing and...
who are the key competitors in the smart home industry and what are they doing to...
who are the key competitors in the smart home industry and what are they doing to get ahead in the industry? how are these factors addressed or helped by MIS? if you could please be very specific and provide a comprehensive response that would really help me! thank you.
What are the characteristics of a competitive market? What is the relationship of price to average...
What are the characteristics of a competitive market? What is the relationship of price to average total cost in a competitive market in the short run and the long run? Define “price taker”. What is meant by entry and exit of firms and what does it mean for profitability in the short run and long run? What is a “natural” monopoly? How is that different from a “government created” monopoly? What is the role of regulation in monopolistic markets? How...
What is the difference between the first and second-degree price discrimination pricing policy that a firm...
What is the difference between the first and second-degree price discrimination pricing policy that a firm with market power may use? Which strategy allows the firm to make higher profits? Please explain
Topic: Pricing Strategy and Management Question 5 Which of the three primary pricing strategies considers what...
Topic: Pricing Strategy and Management Question 5 Which of the three primary pricing strategies considers what the customer is willing to pay for your offering? A. Competitor-based pricing B. Value-based pricing C. Revenue-based pricing D. Cost-plus pricing Question 6 Which of the three primary pricing strategies is little more than a simple mark-up or profit margin? A. Competitor-based pricing B. Value-based pricing C. Revenue-based pricing D. Cost-plus pricing Question 7 Your industry currently sells 500,000 units a year. Your break-even...
3. Compared with perfect competitors, other things equal, imperfect competitors who cannot practice price discrimination will...
3. Compared with perfect competitors, other things equal, imperfect competitors who cannot practice price discrimination will tend to produce ____________ and charge a ______________ price. a. less lower b. less higher c. more same d. more lower e. more higher 4. Sometimes firms are able to charge different prices to different consumers. We call this “price discrimination.” Why might it be in a firm’s interest to charge some consumers a lower price than other consumers? 5. The demand for airline...
As a business investment, you are planning to open several donut shops throughout the city of...
As a business investment, you are planning to open several donut shops throughout the city of Riyadh, with potential futu.re expansion plans in other city areas in Saudi Arabia including Jeddah, Dammam, Khobar and Al Hofuf. Your initial plan will offer a wide variety of donuts and assorted beverages (coffee, tea, juices, etc.) Currently, the only competitors you will face in the above mentioned locations are two global organizations, with no local competitors in the market for those locations. Realizing...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT