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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 978 |
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This privilege may not be exploited in Australian market where both legislative barriers and customers avoid imported products in favour of local goods in a highly protectionist environment. The differences in terms of competitive dynamics is exemplified in Australia, which is seen as a standard-cycle market, due to the duopolistic nature of Coles Myers and Woolworths, and the constant need to issue competitive attacks and responses to stay ahead...
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The differences in terms of competitive dynamics is exemplified in Australia, which is seen as a standard-cycle market, due to the duopolistic nature of Coles Myers and Woolworths, and the constant need to issue competitive attacks and responses to stay ahead. While The Warehouse had a dominant position in the New Zealand market giving it a monopoly over retail and thus conditioning it to react as if it were a slow-cycle market in the sense that the firm’s competitive advantage are shielded from imitation for long periods of time and imitation is costly...
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