Visual media Assignment Example | Topics and Well Written Essays - 250 words

Visual media - Assignment Example The people should stop living in ignorance but get the facts about the HIV which include how the virus is transmitted, care and treatment and nutrition to those who are infected so that they may live long. People must stay protected from the disease. This image impacts the viewer in a significant way. It encourages him/her to be vigilant. This ensures that the viewers are tested to know their status. This will enable them to live life fully with the knowledge of the HIV. The image also acts as a reminder of the existence of the disease that has no cure. The health providers are behind this image and to be specific the Health organization. The firm is encouraging people to be tested for the HIV virus. It is important to note that all people are vulnerable to the disease with equity whether one is living a prestigious life or in abject poverty. Therefore, individuals should always stay protected to avoid

Market structure Essay Example | Topics and Well Written Essays - 2250 words

Market structure - Essay Example Market structure is also affected by the decision of the individual firms in setting up prices within the industry & the supply of different commodities in the market. For example, when competition is high, firms tend to supply more & more in order to capture handsome market share. Barrier to entry is also an important factor to determine market structure. In a monopoly market structure, the degree of barriers to entry is much higher than in a perfectly competitive market, where the factor may have a zero percent influence. Another factor of consideration to understand market structure is market efficiency. A firm will operate more efficiently in a competitive market with a fear of losing opportunity rather than a firm operating in a monopolistic market (Cohen, 2010, pp.131 –133). Customer turnover ratio i.e. the no. of customer willing to change their consumer preferences due to change in market structure, over a period of time. This factor is an indicator of brand loyalty & reaction of marketing activities such as advertisements etc. A perfectly competitive market indicates a market condition where a large no. of buyers & sellers has the market power to set the price of homogeneous goods & services. In a perfectly competitive market, the no. of buyers & sellers are so numerous & well structured that the market price of commodities are beyond control of the individual buyers & sellers and all the monopolistic powers are eliminated from the market (Wong, 2010, pp.1174–1177). All firms are price taker, having a relatively small market share, operating on a profit maximization objective. The firms sell identical, homogeneous goods, having perfect knowledge about product quality, price & cost. In a perfectly competitive market, all firms are price taker. Seller must take the existing market price. If a single firm is charging a price above the market price, this will result in a loss of potential