Four Types of Business Markets

In all aspects of the business to deliver the goods through a productive channel of purchase by selling raw materials to finished goods. In capitalist economies, where most businesses are owned by private parties, business formed to make a profit and increase the prosperity of their owners. The owners and operators of a business get rewarded according to the time, effort, capital they provide. But not all businesses pursuing this advantage, such as business co-operative that aims to improve the welfare of the people. This business model contrasts with the socialistic system, where big businesses are mostly owned by the government, the public, or the union.

The word business itself has three uses, depending on the use of the singular word can refer to business entities, namely the unity of the juridical (legal), technical and economic aims for profit or gain. Wider use may refer to all activities undertaken by community providers of goods and services

Based on the type, the business consists of 4 different types of businesses monopsony, oligopoly, Oligopsony, and Monopoly. Here is a further explanation of the four types of business:

Monopsony
Monopsony, is a state in which the business actors controls the supply or acceptance into a single purchaser of goods and / or services in a commodity market. Monopsony conditions often occur in areas of industrial plantations and animal pieces (chicken), so the bargaining power in price for farmers is moonshine. Needs to be further studied the impact of this phenomenon, whether there are other factors that lead to monopsony that affect the welfare of farmers.

Oligopoly
Oligopoly market is a market in which the supply of one type of goods controlled by a few companies. Generally, the number of firms is more than two but less than ten. In an oligopoly market, each company is positioning itself as a part of the game tied with the market, where profits they get depends on the behavior of their competitors. So that all promotional efforts, advertising, new product introductions, price changes, and so on is done with the aim to keep customers from their competitors.

Oligopsony
Oligopsony, is a state in which two or more business actors to control the supply or acceptance into a single purchaser of goods and/ or services in a commodity market.

Monopoly
Market monopoly is a market form in which there is only one seller that dominate the market. Determinants of prices in this market is a seller or often referred to as a "monopolist". As a determinant of prices (price-maker), a monopolist can raise or reduce prices by determining the amount of goods to be produced. the fewer goods are produced, the more expensive the price of the goods, and vice versa. However, the seller also has a limitation in pricing. If the pricing is too expensive, then people will postpone purchases or trying to find or make a substitution goods (substitutes) the product or even worse look for it on the black market (black market).

The nature of business is real altruism. It's not just the concept of glory and spirituality. This business concept. Even the business itself is essentially spiritual. True business must be based on spirituality and will result in a higher level of spirituality, both for the actors and customers. People who serve others with high expertise will be an important and valuable person.

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