Meaning & Purpose
A competitor is any one who compete's with one another. competitions occurs in lots of different industries, in which to businesses are trying to sell products of the same nature. when computers join the market place the customer then is given the power of choice this means they can choose which company offer the best products and the best price this leads to price's falling and the quality of products rising.
Warner Bros Being a large company, are used to direct competitors from around the world these competitors change country to country because they are an International company. Warner Bros is considered to be the most successful broadcasting companies but fins that small companies are still able to compete in there niece market .
Recently there has been conflicts between Warner Bros and Disney. Disney have just released there new Jungle Book film which is a hit but Warner Bros are set to bring out there own version in 2017 which has started great rivalry and raised competitiveness with the separate businesses.
Back in 2014 Rupert Murdoch bid $80billion for Warner Bros which was turned down but people still send in offers to buy the business at the moment Disney are faviroutes to commander the prestigious company this would cause disney to dominate the market place, which would then remove the competitiveness of the market.If the deal is accepted Disney's total revenue would increase more than double of their current sales return.
No comments:
Post a Comment