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Analyze the industry of Academy Sports. Analyze the industry, not the company. 1. Define the industry...

Analyze the industry of Academy Sports. Analyze the industry, not the company.

1. Define the industry - describe which sorts of firms are competing in this industry and which are not and explain the differences between the two (boundaries of the industry).

2. Which factors (positive and negative) have a significant influence on competitive rivalry

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Answer #1

Sports Academies have seen perfect competition as market structure because becausr barriers to entry very less coupled with relatively smaller firms in large numbers.

HHI index too is low indicating low market concentration.

Only smaller firms with limited cash flows seen incorporated . Firms with large balance sheets very less .

The quality of players produced and services with best coaching faculty is the USP on which competitive rivalry takes place. However government regulations like limited pricing flexibility and discounts are negative Externalities .

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