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Q: What business practice contributed most to Andrew Carnegies ability to form a monopoly?
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What is the business practice where one company owns and controls all other companies in an industry?

monopoly


Why technological monopoly is allowed?

It is not encouraged and does not exist in practice.


How can government can utilise a monopoly to benefit the country?

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What is the function of commission?

The function of the MRTP Commission is to make sure a business is not using a monopoly to control prices of product or cost of production. MRTP stands for Monopolies and Restrictive Trade Practice.


What is the function of mRTP commission?

The function of the MRTP Commission is to make sure a business is not using a monopoly to control prices of product or cost of production. MRTP stands for Monopolies and Restrictive Trade Practice.


What practice contributed to American life by Eastern religions?

Yoga & Meditation


Why is business monopoly good for businesses?

It isn't, in practice. A monopoly, a single company controlling a commodity or product, will provide all the profit to that company. But without any competition the company will have no need to improve the product or service or the cost of that service or product, thus innovation is stifled. Healthy competition therefor improves the service or product and fosters invention and entrepreneurship.


When were business analytics introduced?

The practice of business analytics can be traced back to as far as ancient Greece. However, it wasn't until the late 1700s before the first business practice was documented as a business practice, and not until the late 1800s before business management became a recognized discipline.


When was Master of Laws in Cross-Cultural Business Practice created?

Master of Laws in Cross-Cultural Business Practice was created in 2009.


What is a practice manager?

A person who manages a business and is one of the head people in the business.


What is practice manager?

A person who manages a business and is one of the head people in the business.


Capping is the practice of soliciting business for?

attorneys