EPISODE · Jul 5, 2011 · 3 MIN

Competition

Competition is explained in this film created by the School of Business FHNW. As a result of competition, vendors must consider the offer of their competitors when setting prices.

Episode metadata supplied by the publisher feed · Published Jul 5, 2011

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What this episode covers

The film shows a competitive situation with several vendors. As a result, vendors must consider the offer of fellow competitors when setting their prices. The providers are not free to set the prices they wish; prices are influenced by consumers’ purchasing behavior.

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Competition

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This episode was published on July 5, 2011.

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