Let us assume that you have enough capital and resources to invest in a start-up
ID: 1209124 • Letter: L
Question
Let us assume that you have enough capital and resources to invest in a start-up business of your choice. Discuss this prospective business in relation to the four types of market structures that we studied in the text. Identify the market structure that best fits your prospective business. Is there anything that you would like to do to either make sure that you stay in this market structure or you try to deviate from the market structure that you just identified?
Please help, give examples if nessesary!!!
Explanation / Answer
Now a days India is a lucrative market for all the industries. There are several reasons of it. 1st is India was very much unorganised till late 90's But now due to FDI it is becoming organised and structure. So there is huge scope to do business.
Now for most of the places in Inda cab market is mainly unorganised and people some times do not get cars due to deny of drivers.
So if some one can invest in this market that will be profitable.
Now for Indian cab market there is only few organised company like OLA, UBER, MERU etc. but this number is too less according to the size of the market. Mainly this market is oligopoly type and the most attractive part is still many place is not organised.
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