Market Structure, Market Power, and Profitability

Description
This assignment is intended to determine the efficiency and profitability of different organizational arrangements. An organization could be a small business (a restaurant, a hairdresser, a singer, an artist, a gift shop, a street vender, etc.), a large private organization (a manufacturer, a university, a hospital, a charity, a distributor, a transportation provider, a bank, etc.), or a governmental agency (a public school, city services, a correction facility, a tollway, a park district, a postal service, a public transportation, etc.). You could choose to discuss the market structure in which a specific organization is operating in, or you could choose to discuss the advantages, disadvantages, and differences between larger structures such as private versus public ownership, capitalism versus socialism, and corporate ownership versus small private ownerships.