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A monopoly employing horizontal integration means what?

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A monopoly employing horizontal integration means what?

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exlain the differnce between an employing and user organisation

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they are generating ideas, raising capital, employing and training personnel, buying goods and services, marketing goods and services, and maintaining business records

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The company is employing new graduates to join their research and development team.

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There are four factors of production: Land, Labor, Capital and Organization.

In any business entity production process is completes through employing these factors of production.

Land gets the rent, labor gets wages, capital the interest and organization gets the proft earned by any business entity.

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