Business Environment Essay

871 words - 4 pages

 Monopoly Competition Market Structure - DEWA (Dubai Electricity and Water Authority)
DEWA (Dubai Electricity and Water Authority) they looks into the supply of the electricity and water throughout the whole city Dubai, it has done a research at once whereby no one else has the common information how they did organize their organization and the supplies they are providing. It is called as a monopoly firm as it is the one and only firm in the city to provide electricity and water supplies where areas no one can, it has the whole city of buyers and they are their own sellers to the community. It sets its own pricing as it wills to with all of their cost deducted. It is very difficult for other firms to enter this kind of monopoly competition as DEWA uses its unique resources which are few of resources available at its market. Their production process is very much differentiated from other kinds of firms in the region, which is called as huge differentiation in marketing process.

Today DEWA representatives as a workforce of over 9,000 workers who continually try to see that both the amount and nature of services gave are of the most efficient and highly productive guidelines in consistency and dependability. In Dubai, DEWA gives over 600,000 client’s power and over 500,000 clients with water.
Now days, after close something like five decades, DEWA is a motivating example of overcoming adversity known for its productivity and dependability in every aspect of its operations. Constant strategy arranging and estimating to meet the developing requests of the client has dependably been DEWA's overall settled in reasoning. Owing to this strategy, DEWA has progressed beyond anyone's expectations in serving the clients and accordingly making its commitments to the investment development of Dubai.
Therefore the extension proceeds keeping the end goal to take care of the always developing demand for power and water, and remembering this as a top priority DEWA keeps on maintaining its corporate structure and working in the most expert and propelled approaches to guarantee its proceeded achievement in the years to come and look forward onto it.
The Dubai Electricity and Water Authority (DEWA) was structured on 1 January, 1992, by an announcement issued by the late Sheikh Maktoum container Rashid Al Maktoum to assume control and consolidation the Dubai Electricity Company and the Dubai Water Department that had been working freely for a few years until then. Both these associations were made in 1959 through the foresight and activities of His Highness Sheikh Rashid container Saeed Al Maktoum, the late Ruler of Dubai, as government-supported forms...

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