Unit Title: Business Economics
Unit Leader: Dalene Matthews
Unit Code: QHO400
Individual Report
Student I.D
Table of Contents
1.Introduction—————————————————————————–pg.3
2. Oligopoly Definition and Discussion———————————————–pg.4
2.1 Oligopoly Compared to Monopolistic Competition—————————-pg.4
2.2 Oligopoly Compared to Monopoly————————————————-pg.4
2.3 Oligopoly Compared to Perfect Competition———————————– pg.5
3.0 Impact Supermarket Giants have on Privately owned local grocery stores pg.6
4.0 Total shopping costs comparison———————————————— pg.7
5. Competitiveness and segmentation in the food market———————–pg.8
6. Conclusion ——————————————————————————pg.9
Bibliography ——————————————————————————-p.10
1.Introduction (Approx: 100 words)
State what the assignment brief is.
2.Definition and discussion of oligopoly (Approx. 100 – 150 words)
Also add appropriate diagrams and explain them.
2.1 Oligopoly Compared with Collusive Oligopoly (Approx. 100 words)
Also add appropriate diagrams and explain them
2.2 Oligopoly and Monopoly (Approx.150 – 200 words)
Also add appropriate diagrams and explain them
2.3 Oligopoly and perfect competition (Approx.100 – 250 words)
Also add appropriate diagrams and explain them
3.0 Impact supermarket giants have on privately owned local grocery stores ( Approx.150 – 200 words)
4.0 Table of Comparison of the prices of food in different stores. (Approx.150 – 250 words).
*List ALL THE PRODUCTS
| *Product Details | Tesco | Asda | Morrisons | Sainsbury’s | Waitrose | Aldi | Local independent shop i.e Budgens |
| Product #1 | 1.1 | £1.10 | £1 | £1.10 | £1.10 | £0.17 | £1.99 |
| Product #2 | 1.4 | £1.39 | £1.40 | £1.40 | £1.87 | £0.45 | £1.75 |
| Product #3 | £5.40 | £5.39 | £5.78 | £5.67 | £6.50 | £4.89 | £5.85 |
| Total | £7.90 | £7.88 | £8.18 | £8.17 | £9.47 | £5.51 | £9.59 |
4.1 Total shopping costs comparation. (Approx.400 – 550 words)
5. Competitiveness and segmentation on the food market.(Approx.400 – 550 words)
6. Conclusion (Approx.150 – 200 words)
Word count statistic: 2237
Bibliography
See examples of how to reference below
Agarwal, P., 2020. Oligopoly Market Structure [viewed 02 July 2020]. Available from: https://www.intelligenteconomist.com/oligopoly/
Butler, S., 2020. UK Corner Shops And Independent Grocers Ring Up 63% Rise In Sales [viewed 02 July 2020]. Available from: