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What is a single business called if it has achieved exclusive control over a product or service?
Wiki User
∙ 10y ago
Monopoly
Wiki User
∙ 10y ago
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What strategies enabled big business to eliminate competition?
Your business needs to be the best is selling and marketing.OrThe formation of monopolies allowed for exclusive control over the supply of a particular product with no competition.
What is a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called?
Business franchise
What type of business produces a tangible product?
A business that produces a tangible product is called a manufacturing business.
Is the Business employees are not directly related to the quality of a business product or service?
Business employees are not directly related to the quality of a business product or service
A business that purchases a product from another business to sell to customers is called a?
manufacturing business
What is the exclusive control of a product by a business called?
monopoly is a really fun game, lmfaoroflzlolteeheeahahahah.
What strategies enabled big business to eliminate competition?
Your business needs to be the best is selling and marketing.OrThe formation of monopolies allowed for exclusive control over the supply of a particular product with no competition.
When a business has complete control of the supple of a product it has a?
monopoly
What is monoploy?
Monopoly (monos=single or alone, polein =to sell) means exclusive control of the market supply of a product or service.
What does a business have if they have complete control of the supply of a product?
A business that you have described here could be called a monopoly.
What is a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called?
Business franchise
What is a semi independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called?
Business franchise
What is product diversification?
The process of expanding business opportunities through additional market potential of an existing product. Diversification may be achieved by entering into additional markets and/or pricing strategies.
What is the meaning of monopolies?
Monopoly is the control of a commodity or service in a particular market or the manipulation of prices. The control is exclusive.
What word means a business or industry having complete control over a product or service?
nothing
What is it called when a business is in compete control over the supply of a product?
That's called a 'monopoly' - Since they are the only supplier of the product - they can fix the price.
What was John Rockefeller business strategies?
John D. wanted to control his product from the well head to the consumer.
