Abstract

The purpose of this study is to examine how the basic condition(supply of raw material, consumer demand) of seafood processing industry influences on market structure, market behavior and market performance from the view point of industrial organization theory. This study surveyed seafood processing company(red snow crab, alaska pollock, seasoned squid and salted mackerel) in Gyeongsangbuk-do, Korea. The result of study are as follow. First, The material supply structure influences on competitive structure and entry barriers. Second, The change of raw material supply environment influences on market performance. The decrease of raw material supply leads to increase of material price and it leads to decrease in sales & profit. Third, The change of demand influences on market structure. The market with increasing demand leads to the entry of new companies. Forth, The change of demand influences on market behavior(purchase of raw material, production strategy) and it leads to market performance.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.