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In which system does one company control the businesses that make up all phases of a product and acirc and 128 and 153s development?
Wiki User
∙ 7y ago
vertical integration
Lilyana Shaw
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What is the nature of production management?
The nature of production management is to drive the development of the product for the company and business. The product managers are in charge of making sure the product is performing, developing, and growing for the company.
How monopoly arises?
A monopoly occurs when one company has total control in the production and distribution of a product or service.
What is the definition of a monnopoly?
Someone or some company who has total control over an economic product. Such as one company providing all the drinking water to a city and no other company is able or permitted to contribute in a competitive business.
How do businesses and individuals participate in both the product market and the factor markets in the economy?
Businesses in a product market recive revenue from households to pay for the labor that they are using, and in factor markets businesses buy land etc. from households. This keeps the money flowing in the market economy.
When does the gross domestic product go up?
More investment in businesses
In which system does company control the businesses that make up all phases of a product's development?
vertical intergration
How did Andrew Carnegie vertical integration to increase his power?
He gained control of the businesses performing each phase of a product's development.
What organization offers numerous programs and incentives to a variety of businesses for research and new product development?
The Department of Energy offers programs and incentives to businesses for research and new product development.
What organizations offers numerous programs and incentives to a variety of businesses for research and new product development?
The Department of Energy offers programs and incentives to businesses for research and new product development.
How did vertical integration allow a business to reduce costs?
by controlling the businesses at each phrase of a product development
Is symphony services is an IT product company or service company?
Service company. Offshore product development sector
Company details of Tekbos?
Software product development company based in Bangalore.
In what way do patents protect businesses and product development in a market economy?
It prevents competitors from legally imitating a product for a period of time.
What term refers to government payments given to businesses for research and new product development?
subsidies
Can you give some examples of intensive growth strategy in a company of their product?
market development, market penetration, product development, diversification
What is the difference between product development and service development?
Product based company will be involved in the development of Product like a Telecom Product or Billing Product etc., Microsoft is a Product based company.Service Based company will be involved in the development of Application which will used to serve the various sectors such as Insurance, Health care, Retail, Banking etc., There are lot of Service based companies such as TCS, Wipro, Satyam etc.,
What are some typical business strategies?
For merchandising businesses, when a business wants to enter an existing market with a new product, the appropriate strategy is called "product development", and when there is an existing product, the strategy is called "market penetration". When a business wants to create a new market with a new product, the strategy is called "diversification", and when a company wants to introduce an existing product onto a new market, the strategy is called "market development".
