Any organisation that can create a barrier to entry which prevents new competitors entering the market can, in theory, keep prices high. Economies of scale (think Airbus or Boeing), branding (think Apple) and distribution channels (think Coke) are all excellent examples of barriers to entry but one of the toughest barriers to break through are [...]

I used to have a Nokia phone. It had a good battery and made great calls. Then smartphones came along and I progressed onto an Apple iPhone. It looked super slick and did a lot of things. Alas, problems with the battery and a slow processor meant that I fell out of love with it [...]

Although people have been gambling for a long time, the profile of the betting industry has changed dramatically over recent years. The bookmakers that were seen on many a high street seem to be gradually disappearing. People are still gambling though but the delivery method of the industry is switching to internet based gambling rather [...]

If an organisation can create a successful barrier to entry then it will have a great competitive advantage. In simple terms, a barrier to entry can prevent competitors entering the market. We’ve blogged before about a good example of a barrier in the Indian telecommunication market but a recent attempt to create a barrier by [...]

Mobile phone companies have recently started placing bids in the auction for India’s 3G phone licenses with the government likely to receive over $8 billion in the process. 3G technology provides users with the ability to download content such as music and internet pages at higher speeds. There has been a dramatic increase in the [...]

Toyota has been in the news for all the wrong reasons recently. The company has faced strong criticism following reports of unintended acceleration and braking problems. These problems have been linked to a number of deaths. The end result is that millions of Toyota vehicles have been recalled for remedial work. Akio Toyoda, the boss [...]