Ask Question
28 December, 08:28

Distinguish between a fragmented and consolidated industry, and describe examples of each.

+5
Answers (1)
  1. 28 December, 08:40
    0
    In an industry no single enterprise has large enough share of the market and is not able to influence the industry's direction. The fragmented market consists of of several small to medium-sized companies that compete with each other and large enterprises. In consolidated industry on the other hand there is low number of companies which control a rather large market share. Examples for fragmented industry are: restaurant industry, auto repair, furniture, c lothing retailers ...

    Examples for consolidated industry are: automobile industry, aerospace, pharmaceutical industry, ...
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Distinguish between a fragmented and consolidated industry, and describe examples of each. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers