Question
The global smartphone market is dominated by a few major
players like Apple, Samsung, and a few Chinese brands. These companies engage in intense competition, often introducing new models with innovative features to capture market share. Which market structure best describes the global smartphone market?Solution
The global smartphone market is an oligopoly because it is dominated by a few large firms that have significant market power and engage in strategic competition with each other.
What growth forecast for India did S&P Global Ratings retain for FY25?
What is the fiscal-deficit target for the financial year 2025-26 in the Union Budget 2025‑26 of India?
Which of the following statement related to Buy back of shares is incorrect?
As per the recently published discussion paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks, on the basis of credit risk ...
Two primary qualitative characteristics of financial statements are
What was India's inflation rate in FY24, according to the Economic Survey 2023-24?
Which pension fund scheme is open to all citizens of India and provides a defined contribution to the account?
What is the financial limit for loans under the MUDRA Scheme?
Which of the following correctly defines the term ‘monopsony’?
Money received against share warrant is shown under which head?
