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Thursday, 16 February 2017

Theme 3: Supermarkets, competition and oligolopy

I just read this interesting article on UK supermarkets. It highlights how the different ways of competing affect the perception and demand for their goods and services.

Useful when discussing/evaluating price Vs non-price competition. For example, ASDA's prodce is only seen as 'average', but this has not really effected sales in these difficult economic times!

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