Market Structures Assignment - Paragon Polymer products Pvt Ltd
Added on 2020-10-22
9 Pages3073 Words440 Views
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MARKET STRUCTURES
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Market structure of Paragon Polymer products Pvt Ltd..............................................................1Main features of Paragon's market structure...............................................................................2Production of price and products ...............................................................................................3Comparison of market structure .................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONMarket structure is considered as a combination of different properties and characteristicsof the market (Chung and Chuwonganant, 2014). Various factors associated with it includesmarket position, competitiveness, pricing etc. The report is about discussing the market structureof Paragon Polymer products Pvt Ltd. and its basic features that they are dealing with. Also, itinvolves evaluation of products and pricing within Paragon Polymer products Pvt Ltd. Alongwith this, the report also includes the comparison of the market structure of Paragon Polymerproducts Pvt Ltd. with that of its competitors. MAIN BODYMarket structure of Paragon Polymer products Pvt Ltd.Market structure of any organisation involves factors that play a very essential role in theoverall productivity of the company. Whether it is about pricing of products or its dealing inmarket place, all these are considered within the market structure. Paragon Polymer products PvtLtd. is one of the leading manufacturers of rubber footwear, promising people an extended life ofthe foot wears. Thus, over the years, they have successfully achieved the trust and attention ofpeople, helping them in achieving an increased productivity rate. Also, the brand is wellintroduced to people for its quality based and well designed foot wears, very well efficientlygetting the attention and interest of people. After successfully achieving a great interest rate ofpeople in Kerala, the footwear brand expanded its operations in different states of the country.Basic features of the market structure of Paragon Polymer products Pvt Ltd. are discussed asunder :SizeSize of an organisation is the driving factor of an organisation. For about 50 – 100employees are engaged in the business operations of Paragon Polymer products Pvt Ltd in everystore. The brand is classified as one of the largest manufacturing and selling of rubber footwear's.Strength and Business environmentThe greatest strength of Paragon Polymer products Pvt Ltd is their staff and distributors.The management at Paragon seems so because their staff acts cooperative enough in every singleoperation of the company. An interactive enough environment leads to a sort of positiveness inthe environment of the company. Also, the distributors manage all the products etc. in a safe wayso that till the time, they are delivered to the customer, they remain efficient. 1
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