ARE BUSINESSES AND ORGANISATIONS THAT CLOSELY RESEMBLE
PERFECT MARKETS.
Do research on businesses/organisations in South Africa that have close
resemblance to perfect market conditions.
Choose ONE business (product) or a combination of businesses to examine
how it/they align(s) to the general characteristics of perfect markets.
Discuss the characteristics that are acceptable under perfect market
conditions, but also highlight reasons why it/they is/are not totally conforming
to perfect market conditions.
Conclude how real-world situations affect the existence of perfect markets.
Use the following as a guide to do research:
INTRODUCTION
Body
Example(s) of perfect markets in South Africa.
Characteristics of perfect markets
Analysis of alignment to perfect market conditions
Conclusion real-world situations
Presentation: clear structure and organisation of the
assignment
Bibliography/Referencing
Marks
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