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14 / 3727 |
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Census Bureau, 2007).
D. Market Structure
The market structure for Crocs, Incorporated would be that of monopolistic competition. Monopolistic competition is a market in which there are a large number of relatively small firms acting independently. These firms have product differentiation and the entry and exit of the market is relatively easy...
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These firms have product differentiation and the entry and exit of the market is relatively easy. Additionally, non-price competition is very important. This describes Crocs, Incorporated in that it has many competitors and high product differentiation.
III. INDUSTRY ENVIRONMENT ? PORTERS FIVE FORCES OF COMPETITION
A...
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