Friday, July 3, 2020
How Financial Reports are Prepared from Worksheets (Statistics Project Sample) Content: WorksheetNameInstitutionBenefits of the worksheetBy using a worksheet, all the accounts, their adjustments and balances are listed down. By doing this, creating financial statements from them becomes very easy and very errors are reduced (Ormiston and Fraser, 2013). Normally, when investors and other stakeholders of the company want to know the financial progress of a firm, they request to see the financial statements. When worksheets are drafted, it is very easy to make an accurate financial statement that does not have errors caused by account imbalances. Worksheets also enable for t-accounts to be easily transferred to a trial balance that is adjusted very easy. In most firms, accounting worksheets are prepared for the purposes within the organization. Managers use the worksheets to plan the financial activities in the firm. These worksheets are normally flexible and managers can adjust them to determine the effect they would have on the financial statements.How fi nancial reports are prepared from worksheetsWhen entries are made and adjusted in the worksheet, the financial reports are created in an order that begins with the income statement, a retained earnings statement, a balance sheet and a statement of the cash flow (Ormiston and Fraser, 2013). The income statement is prepared by taking the ledger accounts of the revenue, expenses and capital gains or losses from the adjusted worksheet. The retained earnings statem...
Tuesday, May 26, 2020
Find Out Who is Worried About Analysis Essay Example and Why You Should Pay Attention Whatever They Told You About Analysis Essay Example Is Dead Wrong...And Here's Why It is essential that your preparation efforts incorporate some sum of audience analysis. Any exam is a time-limited procedure, so if you really need to ace it, preparation is the secret to success. Your speech preparation must also incorporate gathering information regarding your audience and their demands. It's interesting that lots of students write introduction after they've written the whole paper. Now you're ready to begin your work and meet all your professor's requirements! With it, a student will not receive stuck in the center of the procedure. Therefore, if you understand now what's a textual analysis essay, you are ready to take on the undertaking of the text inspector. Writing a rhetorical analysis outline template may look like an intimidating task. It is essential to keep the text analysis organized, as chaos in writing the info is among the most often encountered errors. Therefore, it's imperative to understand how to write a great text analysis as it will be able to help you get improved grades. Things You Won't Like About Analysis Essay Example and Things You Will The absolute most crucial aspect that could help to comprehend how to compose a poetry evaluation essay is a superior literature analysis essay example. If you wish to comprehend how to compose a poe m analysis essay, produce an outline even in the event the prompt does not tell to do it. Nowadays you've learned hot to compose a fantastic literary analysis essay but if you need assistance with it, you always have the option to ask professional writers about it. Essay outlines shows you that even if you aren't an expert writer, it's still possible to make a great essay. Thesis Statement in aLiterary Analysis Outline After you collect all of the material that you need, the next thing to do is to compose your thesis statement. Essay outline acts as a spine for writing essays. Essay outline for college plays an important function. Analysis essays are known to be among the hardest to write. An analysis essay is a sort of persuasive essay. A literary analysis essay is a sort of essay which contains an argumentative analysis of a bit of literature. Well, a rhetorical analysis essay is quite much like that with a tiny exception, naturally. If you don't need to lose your way, make an outline. An outline can help you organize your principal thoughts and determine the order in which you're likely to write about them. It is one of the most important steps in every paper type writing process. You don't need to conform to a structured outline, but it's important to understand what you will say and the way you would like to say it. If you wish to learn to allow it to be good, follow our tips. Once you are conversant with the most typical mistakes, it's a proper time to be aware the tips, which can help you to be successful. On the 1 hand, you may also take a look at our Argumentative Essay templates to help you begin on your position paper. The One Thing to Do for Analysis Essay Example An essay doesn't have any possibility of success in the lack of a carefully formulated thesis. Actually, the elements of the essay don't even need to be written in chronological order when you've written a good introduction that has a good thesis, and have researched the topic thoroughly. In every five-paragraph essay, you must incorporate a concise statement of supporting facts as a piece of the thesis statement to reveal how you're likely to back up your thesis. The thesis may be restated in the closing paragraph utilizing different words. The Analysis Essay Example Cover Up Appropriate audience analysis will assure th at you give the correct speech to the correct audience. The main purpose is to rate the writer's choices and the results of the choices based on the selected work. If a student finds it challenging to find out the author's unique style, main theme, and some literary terms utilised in the particular item of literature, there's an easy way out.
Tuesday, May 19, 2020
Audiences develop their preferences depending on the thematic issues that every film addresses and the genre among others. The audience recognizes the attributes of a film that help them classify the films in specific genres. To help distinguish the uniqueness of every genre, the critic explains that every genre specific structural placement. This explains that among the fundamental factors that help classify films in specific genres is the themes addressed in the films and the film structures. This enhances the consumption of the media contents as the audience easily identifies with the topics addressed in every film. Such classification is vital since it helps the consumers analyze and criticize the films thus evaluating the ability of the developers to position a film in a particular genre and meet the demands of the consumers. He, however, acknowledges the fact that films in different genes may share some fundamental characteristics. This may compound the classification process thus resulting in the placement of a single film into two or more genres. This often arises from the specific thematic issues and the structures that different developers may use in producing a film. We will write a custom essay sample on Film Genres Classification or any topic specifically for you Only $17.96 $11.86/page This provokes fear in the audiences. In order to do this, the developers of such films use have consistently portrayed particular themes that help elicit such reactions from their target audiences.
Friday, May 15, 2020
SWOT, PEST, Product Lifecycle, Boston Matrix and the Ansoff Matrix: Marketing Models Analysis Marketing strategies/models In this objective I will be analysing the different marketing models and evaluating their reliability. The marketing models I will evaluate will be SWOT and PEST analysis, the product life cycle, the Boston Matrix and the Ansoff Matrix. SWOT and PEST analysis In the previous objective, I analysed SWOT and PEST of Cadbury. These enabled me to gain insight into the external and internal influences that may arise which may either be beneficial or cause problems for the launch of my product. Product life cycle The product life cycle shows the sales of a product over time. To be able to market aÃ¢â¬ ¦show more contentÃ¢â¬ ¦However, at this stage, there are many competitors with similar products and Cadbury must be careful the products donÃ¢â¬â¢t become saturated and then, like the fuse bar, be declined. My product will be in the introduction stage of the product life cycle. I will expect sales to be slow because there will be limited knowledge of the product, although Cadbury do have high customer loyalty. The product will hopefully move into the growth stage where the sales will rise rapidly. Extension strategies There are various ways in which Cadburys can extend the life of a product. Changing one of the 4Ps is the method that is often chosen. Promotion of the product would be the first to be changed to increase slow sales. Releasing a new advertisement, for example, will often boost the sales, but other methods include aiming the same product at a different area of the market. For example Cadburys may aiming a product initially aimed at children for adults by producing larger bags. Cadburys may also try placing competitions on the packaging of the product, as this will encourage people to buy the product. Cadburys showed this technique early last year when they took Buttons, which was struggling and brought out Giant Buttons, aimed at an older target audience. Dairy milk has also been used in several ways to extend the life cycle. Dairy Milk offers chocolate from Buttons up to 2kg blocks to suit all occasions. There are alsoShow MoreRelatedEssay on Marketing Strategies for Businesses7552 Words Ã |Ã 31 PagesMarketing Strategies for Businesses Introduction: Samuel Whitbread established Whitbread plc in 1742, originally as a beer producing company. Since then, Whitbread has moved from strength to strength incorporating wider varieties of businesses under its wing with each growth. Today, Whitbread owns and operates some of the most popular business in restaurants, hotels and leisure and health. Beefeater Vision To make Beefeater the first choice as a great place to eat and drink. Read MoreMarketing Planning at Just Us! Cafes7314 Words Ã |Ã 30 PagesUs is an independent Canadian co-operative coffee roaster with a small chain of own cafes in Nova Scotia and a large network of distribution throughout Canada and in the USA. Apart from coffee, their products include tea, cocoa, sugar and various supplementary products. All of Just Us main products are fair trade certified and some of them are organic. Being an entirely fair trade company means Just Us pays its suppliers from so-called Ã¢â¬Å"third worldÃ¢â¬ countries a fair price, including a premium forRead MoreA Proposal for a New Market Strategy for the Thomas Burberry London Perfume Range6982 Words Ã |Ã 28 PagesA proposal for a new market strategy for the Thomas Burberry London perfume range 1.0 Introduction The organisation I have decided to propose a new marketing strategy for is Thomas Burberry. This organisation is a distinctive luxury brand with international recognition and broad appeal. They design, source, manufacture and distribute high-quality apparel and accessories. Burberry was founded in Basingstoke, England in 1856; they have a unique heritage associated with Great Britain and positionRead MorePorters Generic Strategies Framework3419 Words Ã |Ã 14 Pagesleadership and Ã¢â¬Ëdifferentiation, wherein the latter is the way in which companies can earn a price premium. Main aspects of Porters Generic Strategies Analysis Companies can achieve competitive advantages essentially by differentiating their products and services from those of competitors and through low costs. Firms can target their products by a broad target, thereby covering most of the marketplace, or they can focus on a narrow target in the market (Lynch, 2003) (Figure 1). According to Porter
Wednesday, May 6, 2020
My experience in education from kindergarten to being a senior in high school was very challenging but rewarding. Throughout my schooling, I was blessed to have some exceptional teachers and coaches that had taught me life lessons and challenged me to be a better person outside the classroom and a better student in the classroom. From kindergarten to being a senior in high school, I attended three different types of schools in the South Carolina School system. I attended a small private Christian school named Horizons Christian Academy. Then I transferred to public schools. For fifth grade, I attended Chester Park School of the Arts. For sixth and seventh grades, I attended Chester Middle School. After my seventh grade year, I attended York Preparatory Academy, a public charter school, until my sophomore year of high school. After my sophomore year in high school, I attend Chester Senior High School. Then ventured back to York Preparatory Academy for my junior and senior years, being a part of the first graduating class. At HorizonÃ¢â¬â¢s Christian Academy the class sizes were small and the teachers and students were set up by grade levels. In kindergarten, I had two teachers who taught me all core subjects. For first through third grades, I only had one teacher who taught me all the subjects. For fourth grade, I had two teachers, one teacher taught math and science and the other taught English and history. Also, we attended electives. After attending HorizonÃ¢â¬â¢s ChristianShow MoreRelatedGraduation Speech : My Experience880 Words Ã |Ã 4 Pagesinto the class and what my thoughts were. I was very excited to be taking the class and I was very curious as to what the course would be like. Prior to this class my entire coursework have been online and this is the first time in some time that I was on campus so I was really ready for that in class interaction. I can remember telling my mentors and my Godly counsel that I was taking multicultural counseling a nd they were very excited about the work of the Lord they see in my life. I was also worriedRead MoreGraduation Speech : My Experience Essay1735 Words Ã |Ã 7 PagesGraduation The long buildup to one of my happiest experiences began many years ago, when I first started school. This experience isnÃ¢â¬â¢t just one single event that occurred in the span of a day, but a transition that took place over a few months. Even on my very first day of kindergarten, it was already clear to me that going to school wasnÃ¢â¬â¢t going to be something that I enjoyed. I was very shy and withdrawn, and the other kids werenÃ¢â¬â¢t at all interested in being friends with me. Despite my effortsRead MoreGraduation Speech : My Experience1594 Words Ã |Ã 7 Pageswith writing and was unable to adjust my habits to accommodate the flow of this course. I had not written an essay, except for research papers, since my fall quarter of freshman year. It was especially hard for me to adjust my time to account for all the activities in the class. Since the course is a hybrid course, I only had one face-to-face meeting with the class. Half of the class requires self-pace and constant checking of what needed to be accomplished. With my initial abilities, I was unable toRead MoreGraduation Speech : My Experience957 Words Ã |Ã 4 PagesI can remember a presentation I gave to my school when I was in grade 4. Students were nominated by their teachers from grade 4 to grade 6 and the students were asked to give a speech on a particular question. I believe it was my first big presentation, so I made sure I practiced many times at home in front of my parents and on my own in front of a mirror as well. When it came time for me to present, I forgot all the words to my presentation. I remember feeling embarrassed, but also disappointedRead MoreGraduation Speech : My Experience913 Words Ã |Ã 4 Pagesof spending the summer abroad in Hong Kong through UCLA for my college classes. From the beginning, I knew that my goal of this summer abroad was to understand how to work with a culture very different than my own. I would be lying if I stated that I wasnÃ¢â¬â¢t a challen ge to adjust, but with my patience, understanding, and my desire to succeed, I eventually prevailed. I pushed through my fear of not doing well enough and decided to try my best. The skills I learned in communicating with people whomRead MoreGraduation Speech : My Experience Essay1654 Words Ã |Ã 7 PagesThe long, gloomy buildup to my joyful experience began many years ago, when I first started school. Even on my very first day of kindergarten, it was already clear to me that going to school wasnÃ¢â¬â¢t going to be something that I enjoyed. I was very shy and withdrawn, and the other kids werenÃ¢â¬â¢t at all interested in being friends with me. Despite my efforts to try and fit in, they never seemed to like me as much as they all liked each other, The kids in my class didnÃ¢â¬â¢t see my quiet nature as shyness, butRead MoreGraduation Speech : My Experience Essay1873 Words Ã |Ã 8 Pagesworst classes throughout my school years. In all of my English classes, I was always beh ind no matter how hard I tried to catch up and stay ahead. As I grew up I was always worried about what we would be doing in English even if it was just going over a story and digging into it; I always made myself more nervous than I needed to be. Going through many different English classes to try to get to graduation was the only way I could get through. Based on previous academic experiences, reflecting back onRead MoreGraduation Speech : My Educational Experience915 Words Ã |Ã 4 Pages My educational experience is just now beginning as of now I am taking an English class also over summer I took an online academic skills class. Although online classes donÃ¢â¬â¢t do college justice you donÃ¢â¬â¢t really get the full college experience. As of now I am just focusing on my general education then eventually I hope to attend an RN program. So as of my educational experience this far would be high school and as Dweck author of Brainology would say I had a fixed mindset during hig h school even duringRead MoreGraduation Speech : My First Experience905 Words Ã |Ã 4 PagesIn my twenty nine years of life I have met every type of teacher. I remember when I was in kindergarten having a strict teacher that never let anything slip by. When I was in fifth grade I learned what it was to have no extra help, I repeated fifth grade. The one type of teacher I will never forget is my Junior year social studies teacher, she encouraged me throughout that year to be the best at everything I did in school. You will have these type of teachers throughout your life, the strict teacherRead MoreGraduation Speech : My Personal Experience909 Words Ã |Ã 4 Pageslearn from their mistake because my parents gave me the opportunity to fail and later on in life I achieved success from my fail and my personal experience as well as sherry connects with how failure improved education. For example in her essay, Ã¢â¬Å" In Praise of the F wordÃ¢â¬ , she states how countless students do not have the skills they need to succeed and how diplomas for students donÃ¢â¬â¢t value anything. Furthermore, she in the essay it also give a personal experiences about her son and h ow she as a parent
ADVANTAGES OF USING OF ADVERTISEMENT TO BE SUBMITTED TO MRS.HIDALGO AS THE fulfilling REQUIREMENTS FOR ENGLISH 2 MARCH 2012 Appreciation I was quite grateful to all those who helped to perform this research. Thanks to the students of Kester Grant College, the high school classmate of mine who helped to answer my questionnaire and to my siblings who helped me finish my questionnaire with their friends and classmates in other universities. I am also grateful to my professor that taught me how to do this well because without her knowledge of teaching us we wouldnÃ¢â¬â¢t be able to finish this project. TABLE OF CONTENTS I. CHAPTER 1: THE PROBLEM Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..Ã¢â¬ ¦Ã¢â¬ ¦.Ã¢â¬ ¦.1-4 II. CHAPTER 2: REVIEW OF RELATEDÃ¢â¬ ¦show more contentÃ¢â¬ ¦It is important for the community for their businesses to be known, to know their products of their business to attract customers. STUDENTS The significance of the study is important for the students for them to know the use of the different kinds of advertising to know the purpose of advertising. It is important for the students to realize that advertising is very important for them to know the informations and the promotion of different products and businesses. DEFINITION OF TERMS 1. BUSINESS - predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. 2. ADVANTAGES - measure of the effectiveness of an enemys code-breaking effort. when one player wins a point from a deuce and needs one more point to win the game. 3. DISADVANTAGES - An unfavorable condition or circumstance..Damage or loss, especially to reputation or finances; detriment. 4. IMPORTANCE - The quality or condition of being important or worthy of note,significance or prominence,personal status or standing 5. ADVERTISING - communication whose purpose is to influence potential customers about products and services 6. PRODUCT - defined as a thing produced by labor or effort or the result of an act or a process. 7. EVENTS - An observable occurrence, phenomenon or an extraordinary occurrence 8. PROMOTION - increase in rank which may also beShow MoreRelatedAn Investigation Based Research Project1607 Words Ã |Ã 7 PagesDuring the course of English 102 this semester, I analyzed, questioned, and made critical connections between sources by using my research, my sources, interpretation, analysis, and critique. Upon entering the class, I didnÃ¢â¬â¢t understand what an inquiry-based research essay was, and I didnÃ¢â¬â¢t see the distinction between this inquiry-based research project and other types of research I have done. However, through several modifications and suggestions from my classmates, instructor, and the Writing CenterRead MoreCase Study : The Real Living Magazine1204 Words Ã |Ã 5 Pagesanalysis is a Mortein Advertisement that was published in the Real Living Magazine on January/February 2014. This advertisement explains about the need of a consumer to buy this Mortein Naturgard products to keep their house pest free. As is it shown on the advertisement th is product is a 90% natural and a 100% easy solution to keep pest out of your way without having to use smelly fumes that can give unpleasant smell to your nose. There are two type of ways you can use without using chemical and theseRead MoreThe Negative Effects of Using Tanning Salons1145 Words Ã |Ã 5 PagesIt is not to rare to encounter young teenage girls whoÃ¢â¬â¢s aims are to achieve this Ã¢â¬Å"perfectÃ¢â¬ image. These looks are popularized through stars, models, and individuals that the younger population look up to. Enforcing insecurity amongst teens, advertisements portray these ultimate, beautiful, Ã¢â¬Å"naturalÃ¢â¬ looks. However, what they do not portray is the time, effort, and health risks involved. Unfortunately these teens do not take into consideration the harsh circumstances that these procedures consistRead MoreThe Effect Of Women s Media1517 Words Ã |Ã 7 Pages Alejandra Mendez December 8, 2015 The Effect of Women Identity in Media Research Question: How does the way that women are portrayed on television commercials and advertisements affect the way women are seen in society? Thesis: Woman portrayed on television commercials are stereotyped, sexualized, and have limited roles which affects the way women are seen in society because they are seen as weak, sexualized objects who are dependent upon men. It is important to establish theRead MoreThe Environmental Performance of Chevron in Terms of Fulfilling Social Needs Within Society and Stakeholders1706 Words Ã |Ã 7 Pagestowards the society and environment above and beyond the economic and legal obligations. The industry is strongly linked to environmental scandals and companies make various efforts to address these issues (Farache and Perks 2010, 235). The following thesis will review the Environmental performance of Chevron in terms of fulfilling social needs within society and stakeholders. Many accept that the sole legitimate purpose of a business is to maximize profit and shareholder value. In doing so there isRead MoreConsumer Behavior Towards Big Bazaar15008 Words Ã |Ã 61 PagesCOMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR OTHER RETAIL COMPANY Page |1 Management Thesis Ã¢â¬â 1 | 3rd Semester COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR OTHER RETAIL COMPANY CERTIFICATE It is certified that the work contained in the thesis entitled Ã¢â¬Å"A COMPARATIVE STUDY OF MARKETING STRATEGY REFERENCE TO 4PS OF BIG BAZAR AND OTHER RETAIL COMPANY By Rajesh Kumar has been carried out under my supervision and that this work has not beenRead MoreQuestions On Writing And Writing2151 Words Ã |Ã 9 Pagescontext/medium/genre. Before entering this course I knew a little about Rhetoric, I understood it as the art of persuasion. However, I did not know of all the sub-categories Rhetorical writing includes. Focusing on Purpose When I first glanced at the three projects the purposes seemed easy to identify. However, once topic choice is taken into consideration this task of purpose is not as easy as it would appear. When writing my Christmas tradition, my purpose was to share the tradition and write it in a descriptiveRead MoreDoes Advertising Manipulate People?2717 Words Ã |Ã 11 Pages Discursive Essay Outline Essay question: Does advertising manipulate people? I. Introduction Thesis statement: Even though advertising today is a big informative source that gives people possibility to know about great diversity of products, advertising controls human desires and mind. II. Body A. Advertising manipulates emotions of poor people in their mind by using the exploitation of the specific language. 1. deleterious impact. 2. unrealizable desires. Read MoreStarbucks Thesis12058 Words Ã |Ã 49 PagesStarbucks BAMMC Ã¢â¬â BA Thesis May, 2012 Corporate Social Responsibility Ã¢â¬â A case study of StarbucksÃ¢â¬â¢ CSR communication through its corporate website Bachelor Thesis in Marketing and Management Communication Sanne Sanne Bruhn-Hansen CPR: XXXXXX-XXXX Supervisor: Tomasz A. Fediuk No. of characters: Thesis: 54,329 Abstract: 3,492 Page 1 of 42 Sanne Bruhn-Hansen Supervisor: Tomasz A. Fediuk Corporate Social Responsibility Starbucks BAMMC Ã¢â¬â BA Thesis May, 2012 Abstract Read MoreProject Management32831 Words Ã |Ã 132 PagesGIS PROJECT MANAGEMENT MSc Thesis Dissertation submitted in part fulfillment for the degree of Master of Science in Geographical Information Systems April 1997 J.G.A. Bestebreurtje Manchester Metropolitan University Mentor: Prof. Dr. H.J. Scholten Free University of Amsterdam Master Thesis: GIS Project management Final Version ABSTRACT Recent studies concerning GIS show that it is the fastest growing segment (both hard software) of the graphical computer market. 70% of private
Question: Write a report on Monopolies, Duopolies and Oligopolies in Australia. Answer: Introduction Monopoly, duopoly and oligopolies all are common form of markets exits in an economy. Monopoly is considered as the broadest games among these three forms. There are long policy debate regarding the existence of perfect competition and absence of it in the pure form. Presence of innumerable number of buyers and seller, selling identical products is a myth and so is the concept of perfect competition. Monopoly structure is found to exist when single sellers sells some unique product. In Australia market concentration is observed in supermarkets, in the financial sector concentration is among the four major banks and one monopolist Telstra in telecommunication industry. Summary of the Story The large players in the market easily attract investments and investors are always eager to in these sectors because of huge possible returns. Often regulators and government support their expansion to boost economic growth. However, now the opportunities for big business are fading because of a change in focus of the Australian Competition and Consumer Commission (ACCC) that now become more aware of about the behavior of large player toward other suppliers and consumers. This weakens some oligopoly structure in the Australia. On the other hand, a possible break down of quasi monopoly structure of Telstra in telecommunication is realized. Once entry barriers controlled by National Broadband Network (NBN) are relaxed, the industry will have four other big players as suggested from the market research by Morgan Stanley (smh.com.au 2017). The removal of monopoly structure will attract new service providers to the broadband industry reducing prospect returns of Telstra in the business. The statistics revealed by Stanley shows new service providers entering in the business need 100,000 subscribers to reach to the break-even point. In order to earn satisfactory level of profit needed subscribers are 200,000 (abc.net.au 2017). This is quite large number for a new entrant to achieve. In the telecom industry it s believed that four player Telstra, TPG, Optus and Vocus have considerable competitive advantages. Since 2000, Consolidation has already begun in the industry. A major share of profit (80%) was previously enjoyed by Telstra and only 20% was left for three others and existing small providers. The ratio now becomes 60% for Telstra (Barry 2017). Vodafone Hutchison though is a large player in the mobile industry; it does not exist in the broadband service. Driving factor for decline in the number of competitors is the huge rapid expansion of TPG and Vocus acquiring a larger share in the industry. In the telecom industry a series of takeover is experienced with M2, iprimus, Dodo, Engin and some other joined with Vocus. With this, the market share of Vocus increased to 8 percent and that for TPG is 27 percent (Nabin et al. 2017). Economic theories and concept Monopoly in Australia Any market dominated by a single seller is considered as a monopoly market. In such a market structure sellers have exclusive control over price and quantity. The monopolist can set price such a high level that he can grab the entire consumer surplus alone. Some distinct features of monopoly market include the product sold in the monopoly market generally lacks any substitutes. There are barriers preventing any new entry in the market. As the product does not have any substitutes neither allows entry of few firms, the monopolists do not have any close competitors (Tyers 2015). Hence, the monopolist is the price maker in the maker in the market. There are some markets where one seller enjoy some natural advantages such strategic advantage, control over some mineral resources and others. Figure 1: Monopoly market and economic profit (Source: As created by Author) In a market, when share of any one firm is too much the market is also considered as an example of monopoly market. Telecommunication industry in Australia largely dominated b Telstra. The industry also prevents entry of some potential competitors such as Optus, Vocus and TPG (Hazledine 2017). The structure is now changing with the potentiality of becoming a oligopoly and duopoly. Oligopoly Oligopoly is concentrated form of market. However, the concentration is less than the monopoly. There are few large players having a significantly large share. Strategic interdependence is a feature of oligopolistic market share. The examples of oligopoly markets in Australia are petrol retailers, in the finance industry banks are well known examples of maintaining an oligopoly market structure. In the Supermarkets, there are also oligopoly players (Baumol and Blinder 2015). Duopoly In the duopoly market, there is competition between two large players. Duopoly is a reduced form of oligopoly market. Here, the two sellers sell a differentiated product to capture a greater market share. In the grocery market, Woolworths and Coles are two duopoly players (Fine 2016). In Australian airline business, duopoly structure is also found. There are some industries in Australia there are possibility of emerging a duopoly structure if barriers is relaxed. Recommendation Any form of imperfectly competitive markets generally not desirable. These forms of markets are unfair for consumers and they are often considered inefficient. In Australia, the threat of different forms of imperfect competition is growing rapidly. Regulation should be relaxed in the industries. New entrants should be given permission to enter in the market. In the telecommunication industry for example the dominance of Telstra should be reduced. It is difficult to make the industry fully competitive. However, some form of competition can be welcomed with allowing entry of potential competitors. In fact, oligopoly structure is better than the dominance of a single seller. NBN should allow TPG, Optus and Vocus to do business independently in the industry. Conclusion The paper evaluates a news article on Australias monopoly, duopoly and oligopoly market structure. Monopoly prevails in public utility services like water supply, electricity and infrastructure. These are natural form of monopoly. However, the telecom industry in Australia maintains a monopoly structure with dominance of Telstra. Recently ACCC has changed its focus and aims at reducing concentration. This troubles the big business that earlier receives support in maintaining their monopoly power. The paper considers the case of telecom industry. The same is the case for grocery retailers in Australian supermarkets. References ABC News. (2017).NBN likely to entrench broadband oligopoly: analysts. [online] Available at: https://www.abc.net.au/news/2016-04-08/nbn-to-entrench-broadband-oligopoly/7310228 [Accessed 24 Aug. 2017]. Barry, T.S., 2017. Regulating network charges in an upstream monopoly market that supplies a downstream retail duopoly: A potential framework for NBN pricing. Baumol, W.J. and Blinder, A.S., 2015.Microeconomics: Principles and policy. Cengage Learning. Fine, B., 2016. Microeconomics.University of Chicago Press Economics Books. Hazledine, T., 2017. Mixed pricing in monopoly and oligopoly: theory and implications for merger analysis.New Zealand Economic Papers,51(2), pp.122-135. Irvine, J. (2017).Get out of monopoly free cards can't be left to the roll of the dice. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/federal-politics/political-opinion/get-out-of-monopoly-free-cards-cant-be-left-to-the-roll-of-the-dice-20101026-172ax.html [Accessed 24 Aug. 2017]. Nabin, M.H., Nguyen, X., Sgro, P.M. and Chao, C.C., 2014. Strategic quality competition, mixed oligopoly and privatization.International Review of Economics Finance,34, pp.142-150. Tyers, R., 2015. Service Oligopolies and Australia's Economy?Wide Performance.Australian Economic Review,48(4), pp.333-356.