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Old 13th Feb 2009, 23:19
  #66 (permalink)  
27/09
 
Join Date: Sep 2002
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In business some sellers are price makers some are price takers. Conditions do change where sellers go from being a maker to a taker or vice versa.

Lets take a couple of examples.

Fuel companies are price makers. Watch them stick together.

Food growers are generally price takers. They operate as individuals. They get picked off by the purchasing reps of the food chains.

I'll give an example of where food growers went from being price takers to being almost in the price maker category. The kiwi fruit farmers in New Zealand were getting poor returns when there were several selling houses competing with each other to marketing the product overseas, once they formed a single marketing agency their returns went up several fold.

It would appear unity brings wealth.

Are pilots price makers or price takers? Why? What can be done to improve the situation?

I have some opinions on the matter but I'll hold off on those for a bit.
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