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Issue:

Business

 

Written by:

Vito P

 

Date added:

March 8, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

18 / 4794

 

Was viewed:

2029 times

 

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Essay content:

Ritz Camera Centers operates over 1,300 stores. The industry is concentrated: the 50 largest companies hold more than 60 percent of the market. A typical store has five employees and about $500,000 in annual revenue. Competitive Landscape - Demand depends on consumer income. Profitability of individual companies is linked to marketing, and, for photofinishers, efficiency of operations...
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Profitability of individual companies is linked to marketing, and, for photofinishers, efficiency of operations. Large companies can have economies of scale in purchasing and operations. Small companies can compete successfully by offering superior service. The industry is fairly labor-intensive: annual revenue per employee is about $100,000...
displayed 300 characters

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