Bre'Aujanaye operates a flower shop in Paris. All employee can take orders, sell flowers, make arrangements, and commit the store to large orders for weddings, banquets, and
special events. Why type of organization does Bre'Aujanaye have?



Answer :

The type of market is Oligopoly.

What is Oligopoly?

An oligopoly is a market characterized by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.

Given situation:

All employee can take orders, sell flowers, make arrangements, and commit the store to large orders for weddings, banquets, and special events.

as, A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector.

Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits.

Some examples of oligopolies include the car industry, petrol retail, pharmaceutical industry, coffee shop retail, and airlines.

So, as discussed in the given case employee can take orders, sell flowers, make arrangements, and commit the store to large orders for weddings, banquets, and special events to make some profit.

Learn more about Oligopoly here:

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