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Is it true that a business firm that controls all the competition in an industry holds a trust over the industry?
Yes, when a business firm controls all competition in an industry, it can be described as holding a monopoly rather than a trust. A trust typically refers to a legal arrangement where multiple companies work together to limit competition and control prices, whereas a monopoly is when a single firm dominates the market. Both scenarios can lead to reduced competition and potentially higher prices for consumers. However, the term "trust" is more historically associated with early 20th-century practices of collusion among companies, rather than sole control by one entity.
What else can I help you with?
One advantage of monopolies from a business perspective?
A monopoly is when a business has a product or service that no one else offers. If a business holds a monopoly over competition they will have more money.
Ethics have no place in business - discuss this statement?
As the only motive in business that holds any weight is the profit motive, ethical discussion in business holds no weight to those involved. Ethics must be applied to business, as self-regulation is impossible.
What factors are necessary for the law of one price to hold?
The law of one price holds when there are no barriers to trade, transportation costs are low, and there is perfect competition in the market.
Would Boeing be consider an Oligopoly?
Yes, Boeing can be considered part of an oligopoly, particularly in the commercial aircraft manufacturing industry. An oligopoly is characterized by a market dominated by a small number of firms, and Boeing, alongside Airbus, holds a significant share of this market. The high barriers to entry, substantial capital requirements, and specialized technology further reinforce the oligopolistic nature of the industry, limiting competition from new entrants. As a result, Boeing's pricing and production decisions are influenced by the actions of its few key competitors.
How values affect the Business processes?
The values which a business holds can directly affect their processes. For example, a company who values recycling may do everything they can to ensure a paperless environment and prevent waste.
One advantage of monopolies from a business perspective?
A monopoly is when a business has a product or service that no one else offers. If a business holds a monopoly over competition they will have more money.
Which fisherman holds the record for the most sport fishing competition wins?
Roland Martin holds the record for the most sport fishing competition wins.
Who currently holds the record for the hardest shot competition?
As of the 2009 skills competition: Zdeno Chara from Slovakia.
Holds cell material inside and controls flow of material in and out?
The cell membrane.
Was it Zeus or Poseidon who held the lightning bolt in Greek mythology?
In Greek mythology Zeus holds and controls the lighting, Poseidon holds the Trident.
What does the plant cell membrane do?
A cell membrane holds the cell together and controls what goes in and out of it
Why is the music industry needed?
The music industry is needed because it holds together an artist's career together. :3
Who holds record for most goals scored in the European cup?
Raul currently holds the record, having scored 66 goals in total in the competition.
Are people really interested in having a job of a model?
Very much so. The competition in the modeling industry is very high and the number of female models in the industry greatly outnumbers that of male models. Every large modeling agency that holds an open casting call sees dozens of models every week hoping to get signed.
Ethics have no place in business - discuss this statement?
As the only motive in business that holds any weight is the profit motive, ethical discussion in business holds no weight to those involved. Ethics must be applied to business, as self-regulation is impossible.
What makes nucleus so important to plant and animal cells?
It holds the DNA of the cell and it controls it.
Which bakery holds the lead in the frozen baked goods industry?
Sara Lee
