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One company or a small group of cooperating companies having control of the supply of a product or service is known as a?
Wiki User
∙ 12y ago
monopoly
Wiki User
∙ 12y ago
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How do companies go global?
Companies become global by opening factories or advertising the company in other places around the worlds (in different countries). Also a company has to have branches set up all over the world to advertise there product or range of products.
What is difference between company industry?
A company may make one product or many products. A large number of companies making related products is an industry. Exxon - A company involved in oil production and petrochemicals Oil Industry - Many companies involved in oil exploration, production, refining, etc., including Exxon, BP, et al.
How do I get a hair color company started?
You need to start with an idea for a product. Then get an opinion of that product from the public. If you need help try running market research and get investers involved. It would also be a good idea to get in touch with other hair dye companies.
What is a deficient product?
Companies intentionally make products which are not the best quality i.e. deficient in order to ensure people will need to constantly re-buy the product. If the product was made to the best quality possible then the company would easily shut down as after everyone has the product, they would be sorted for life and would not need to buy it ever again.
Definition of product based company?
A product based company is a company that uses, electronic transactions for business purposes. They commonly combine both advertising and company products to help create an income for the company.
What are companies that have complete control over a particular product or industry?
in control
What are pure competition companies?
Pure competition companies are companies have no control of the price of their product. Their product is standardized throughout all of the companies selling it. There are large numbers of both buyers and sellers of the product.
Difference beteween a product development company and IT service company?
Product based company is one which develops the its own products like hardware monitors , keyboard etc . Product based company uses there own idea to introduce theire product and they work on them from scratch to product. whereas Project based companies provides services to those products or to projects which were developed by other companies.
What are the purposes of Product Development and IT Services Companies?
Product development company is one which develops its own products and markets them. Where as IT services company is one which is based on projects from various government or non-government organizations. e.g. Oracle, Microsoft, Symantec are product companies where as Wipro, TCS and Infosys are IT services companies
What is a product of a company?
A Product of a company, is what they make and, or sell for profit. every company has some sort of product or service to make money, companies that sell products, for example are Kirkland, Jimmy Deans, even McDonalds .
Can a company collect money when you return the product?
Companies almost always can send the product back to the manufacturer for a refund.
Name some monopolistic companies in the Philippines and there product?
meralco (electric company)
What is the product Genpak used for?
There are many uses for the product company known as Genpak. Genpak is a company that is one of the lead companies that deals in the sale of packaged goods.
What is vertical intergation?
Vertical integration is the combination in one company of two or more stages of production normally operated by separate companies. It can help companies reduce cost.
The complete control of a product or service by a single company?
monopoly
When many companies over charge for their product what do the federal government establish?
price control
What trucking company contracts chobani?
There isn't a single, unitary company which does this. The customer purchasing their product typically contracts the companies, who will haul the product to the customer's distribution centers.
