answer eco 550 weekly discussion

The Constant Fight for Profitability: Market Structure and Porter’s Five Forces What is market structure and what is Porter’s Five Forces? Here is some help. Which of the following groups of firms operates in a monopolistic competitive industry and which operates in an oligopoly? Group 1: the accommodations industry Hilton, Marriott-Bonvoy; InterContintental Hotel Group. Group 2: the wireless telecommunications industry Verizon, AT & T, T-Mobile et al. You are an investor. Now that you have identified the market structure for each group, select one of the groups of firms as your investment target. Describe what kinds of challenges firms in this group face using a Porter’s Five Forces analysis. If you want to dig deeper into a firm as you think about your investment decision, you might want to look at the firm’s investor page. PLEASE DO NOT RELY ON WIKIPEDIA, INVESTOPEDIA OR ANY OTHER PEDIA AS A REFERENCE AT ANYTIME IN THIS COURSE.