Perfect competition is a concept used to explain some economic concepts, but it does not exist in real life anywhere. What does exits is a near perfect competition. Monopoly is, in a way, the opposite of perfect condition, in which a single firm or supplier has complete control over market prices and supplies.

True Monopoly generally exist only in government controlled markets. For example provision of civic services such as sewage disposal is generally monopoly of local self government bodies such as municipal corporations.

Monopoly in private business are rather rare, and even then they only approach monopolistic power bur are not perfect monopolies. The conflicts between Rogers and Bell is a good example of private business. If Bell succeeds in purchasing both CTV and Astral, there is no doubt that Bell will have monopoly in market price.

My analysis indicates that true monopoly is really rare because almost all companies have rivals in thier fields. In the mobile world, we have Appple and Samsung. In the area of car, Benz and BMW are competitors.

SWAROVSKI is driven by quest for perfection, belief in the power of  innovation and the leader style based on awareness of responsibility for employees and environment

CHALLENGE#1:SWAROVSKI is facing the challenge to formulate the way in which sales force would gain understanding of
clients and then formulate individualized plans that would be mutually beneficial.

STRATEGY: SWAROVSKI will deal with the challenge through developing a comprehensive selling/consultation training program,
including the establishment of in-house training capabilities, to be key to accomplishing
these objectives.

CHALLENGE#2: SWAROVSKI has to have a comprehensive understanding of consumer needs. “We recognized the need to formalize our client sales and consulting processes to help us
capture client needs on an individual basis as well as through our overall marketing
strategies,” says Camus.

STRATEGY: 1.Selecting AchieveGlobal Singapore as their partner.

2. Identify 14 locations in Asia as their audience.

3.equip employees with the skills they would need to succeed, thereby increasing Swarovski’s market share.Building on AchieveGlobal’s Account Development Strategies (ADS) module,
Swarovski incorporated elements into their own Sales Information Systems, a component
of their CRM strategy.

MITSUBISHI is one of Japan’s largest general trading company, operating approximately 200 operating bases in 80 countries worldwide. Operating in energy, metals, machinery, chemicals, food and general merchandise, the company is also engaged in information technology, communication, finance, consumer logistic and health care.

Strengths: 1.MITSUBISHI has diverse markets. See the introduction part above.

2.MITSUBISHI has great image globally. Founded in 1870, Mitsubishi Mail Steamship Company inaugurated service to China and became the first Japanese company to open an overseas route. It leased and then purchased the Nagasaki Shipbuilding Yard from the government in 1884 and later engineered Japan’s first domestically produced steel steamship there.

Mitsubishi Heavy Industries
(around 1885)

3. MITSUBISHI has strong researching and developing power.

NIKON I (1947)The first television set marketed by Mitsubishi Electric (1953)

Japan’s first series-production passenger car, the Mitsubishi Model A (1917)

4. MITSUBISHI insists on the observance of firm ethical principles in business dealings. After the outbreak of WWI in 1914, the governor of MITSUBISHI called on all the Mitsubishi employees to redouble their commitment to integrity and fairness.

Weaknesses: 1. MITSUBISHI depends too much on Japan’s domestic market.

2. The brand is old and expensive.

“The product is old … and the prices are too high.”

That’s what Mitsubishi Australia’s new president and chief executive Mutsuhiro Oshikiri thinks about the current product range offered by the Japanese brand. (lol)