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yao ming

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Issue:

Religion

 

Written by:

Brett W

 

Date added:

September 20, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1203

 

Was viewed:

4775 times

 

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Essay content:

The Concentration Ratio (CR) is one such measure. The Bureau of Census periodically reports the CR for major Standard Industrial Classifications (SIC's). The CR indicates the percent of market share held by the four largest firms (CR's for the largest 8, 25, and 50 firms in an industry also are available)...
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A high concentration ratio indicates that a high concentration of market share is held by the largest firms - the industry is concentrated. With only a few firms holding a large market share, the competitive landscape is less competitive (closer to a monopoly). A low concentration ratio indicates that the industry is characterized by many rivals, none of which has a significant market share...
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