The decisions made by firms to compete and thrive in the market, are heavily influenced by their environments. Firms operate in different industries/market structures: Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly Factors like the market size, target customers, products/services sold, and number of competitors can determine their behaviour and impact success (or lack thereof) over time. ASSIGNMENT REQUIREMENT Tastee and Juici Patties are two local companies operating in ONE OFTHE FOUR market structures. Both companies are similar in description, market size, target customers, products/services sold, and competition. You are required to investigate these companies operations and explain why they fit into this market structure. You report must include a critical comparative analysis of their competitive behaviours with respect to their environment and include the definitions of all relevant economic terms. These findings together with relevant conclusions should be submitted in PowerPoint presentation format and presented to the class a) State and define the market structure that your firms belong to. b) Give an overview of the market structure within which the firms currently operates. c) State two (2) major economic developments that influenced the firms productivity over the past two (2) years. d) State how you expect the firm to perform over the next 24 months..

1. The decisions made by firms to compete and thrive in the market, are heavily influenced by their
environments. Firms operate in different industries/market structures: Perfect Competition,
Monopolistic Competition, Oligopoly, and Monopoly Factors like the market size, target customers,
products/services sold, and number of competitors can determine their behaviour and impact
success (or lack thereof) over time.
ASSIGNMENT REQUIREMENT Tastee and Juici Patties are two local companies operating in
ONE OFTHE FOUR market structures. Both companies are similar in description, market size,
target customers, products/services sold, and competition. You are required to investigate these
companies operations and explain why they fit into this market structure. You report must include
a critical comparative analysis of their competitive behaviours with respect to their environment
and include the definitions of all relevant economic terms. These findings together with relevant
conclusions should be submitted in PowerPoint presentation format and presented to the class
a) State and define the market structure that your firms belong to.
b) Give an overview of the market structure within which the firms currently operates.
c) State two (2) major economic developments that influenced the firms productivity over the past
two (2) years.
d) State how you expect the firm to perform over the next 24 months.