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What controls an industry by controlling other companies in the industry?
Wiki User
∙ 12y ago
Monopoly
Wiki User
∙ 12y ago
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Which of these controls all other companies in an industry?
Monopoly
What is the business practice where one company owns and controls all other companies in an industry?
monopoly
When one company is able to controls a lot of other companies what is this called?
It is a monopoly.
The oil industry had the biggest impact on which other industry?
the automobile industry
When business controls other companies that contribute that industry?
Called vertical integration Ford Motor company once claimed it owned all aspects of its production and thus was able to sell its cars much cheaper than its competition. This was untrue but as they owned the iron mine, the ship that carried the iron, the smelters that made the iron and steel, the production plant that made the car and so on it was almost true.
What is a monoply?
controls an industry
What controls all other companies in an industry?
monopoly
Which of these controls all other companies in an industry?
Monopoly
What is the business practice where one company owns and controls all other companies in an industry?
monopoly
Business controls all other companies of the same type?
A monopoly may impact an industry significantly, but there isn't other businesses within an industry when a true monopoly exists. A market leader is a business that may affect the prices within an industry.
Someone who is controlling the actions of other is using?
Someone who controls the actions of others is using coercion.
Someone who is controlling the action of other is using?
Someone who controls the actions of others is using coercion.
In deregulation government loosens controls and allows other companies to enter the market?
yes, true
What company is something that controls a lot of other companies?
A holding company (or perhaps a shell company).
When one company is able to controls a lot of other companies what is this called?
It is a monopoly.
In what town in Pennsylvania was Andrew Carnegie's business located?
Andrew Carnegie was known for his business in the Steel Industry. By buying out other companies in the industry, he created what is known as a vertical monopoly, where he controls an industry through the whole process. i.e. He owned companies that mined the materials, transported them, processed them, and forged the steel for the final product. He used the City of Pittsburgh as the location for his steel mills, because of the ease of transportation by means of the three rivers. This is also why Pittsburgh is referred to as the Steel City - steel was the main industry of the city. Go Steelers
What companies hate each other?
Typically, companies do not openly declare hatred towards one another. However, there may be intense competition and rivalries between companies in the same industry, such as Apple and Samsung in the smartphone market or Coca-Cola and Pepsi in the beverage industry.
