answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: When one company has full control of a product?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is it called when one company has complete control of a product or service?

A monopoly.


How monopoly arises?

A monopoly occurs when one company has total control in the production and distribution of a product or service.


One company or a small group of cooperating companies having control of the supply of a product or service is known as a?

monopoly


In which system does one company control the businesses that make up all phases of a product and acirc and 128 and 153s development?

vertical integration


Why are patents sometimes referred to as monopolies?

A monopoly is when one person or company has total control over the market for a certain product or service. Like in the Hasbro game of Monopoly: when you own all the properties of the same color, you have a monopoly. If you patent a product, it means that your product is documented so no one can take your ideas and/or designs and claim them as their own. So you are the only one that can claim that product and you have complete control over that product's market. Therefore, you have a monopoly on your product.


What is a company doing if it requires customers to buy multiple products from that company to obtain the one product that the customer truly wants?

working around antitrust laws to gain control on the market


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.


What does the company Autostart sell?

Autostart is a company based in Canada that sells remote control cars. It has been in service for a decade and has supplies remote control cars to over 50 countries worldwide. There remote control car is one of the most successful in the world, which is why they continue selling this product.


What is a white label product?

A white label product is a generic or unbranded product manufactured by one company and sold under the branding of another company. This allows the company selling the product to rebrand it as their own without having to invest in product development or production.


Who is total control of a type of industry by one person or one company?

A monopoly is total control of a type of industry by one person or one company.


What are promotion tools that food manafucturing compyny can use?

marketing, publicity, and sales are good tools for food manufucturing company by providing full details of quality of product and benefits by using the product. by comparing to other one and justify that they are the best. good relations in market. if i use a product why should i will use this company only? it will be cleared to the customer.


Can a product review consist of an approbation?

Most certainly a product review can contain an approbation. Companies hope that their product reviews are full of approbations. Approbation means that one approves of, recommends, gives high praise of or to give endorsement of something. When a product review has an approbation, the company knows the product was very well liked.