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Q: A loose association of businesses that make the same product is an?
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What is A loose association of business that make the same product?

It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)


What does a consumer association do?

make sure that businesses treats consumers fairly


What is called a loose association of business that make the same product?

It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)


All the businesses that make one type of product?

a GOVERMENT


What is all of businesses that make one type of product?

industry


What is all the businesses that make one type of product?

industry


What are the classifications of a business?

There are three different classifications of business. 1- primary businesses are businesses that extract things from the ground. 2- secondary businesses are businesses that make things out of raw materials. 3- tertiary businesses are businesses that sell the product made.


What are all businesses that make one kind of product or provide one kind of service?

industry


Industry?

All businesses that make one kind of product or provide one service


In which system does company control the businesses that make up all phases of a product's development?

vertical intergration


What is the importance of cost accounting?

Cost accounting helps businesses manage their product's cost better. With knowledge about how costs behave businesses can respond accordingly, so that they can make a profit.


What is importance of cost accounting?

Cost accounting helps businesses manage their product's cost better. With knowledge about how costs behave businesses can respond accordingly, so that they can make a profit.