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Big businesses often achieved success through practices like aggressive marketing, economies of scale, and cost-cutting, which allowed them to dominate markets and maximize profits. However, these strategies also drew criticism for prioritizing shareholder interests over ethical considerations, leading to exploitative labor practices, environmental degradation, and monopolistic behaviors. Additionally, their influence on politics and regulation raised concerns about corporate power undermining democratic processes. This duality highlights the tension between economic growth and social responsibility.

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What are some successful entrepreneurship business examples that have made a significant impact in their respective industries?

Some successful entrepreneurship business examples that have made a significant impact in their respective industries include Amazon in e-commerce, Tesla in electric vehicles, and Airbnb in the hospitality industry. These companies have disrupted traditional business models and achieved remarkable success through innovation and strategic vision.


What statement would a critic of capitalism have most likely made during the industrial revolution?

The predominant criticism would be that business owners get rich while workers remain poor.


What titans of industry played a major role in holding the economic system together with his banking and business practices?

People like Andrew Carnegie and John D. Rockefeller were titans of industry who held the American economy together. Their business practices made them incredibly wealthy and created an unhealthy economic structure, but they funnelled money into the American economy that kept it running.


What are examples of unfair business practices?

Unfair business practices encompass fraud, misrepresentation, and oppressive or unconscionable acts or practices by business, often against consumers and are prohibited by law in many countries.Examples are:Resetting an odometer of a used car to show less mileage than is actually on the car.Representing a pair of boots as "real leather" when they are actually fake.Selling clothing or any other product as a certain brand when it is not that brandRequiring the customer to pay part of the added cost when a mistake was made by an employee that raised the price of a repairRaising the price of a good in order to sell it a regular price, but representing to the customer that it is a "sale" price.


What made the game Monopoly so successful?

because it has colour

Related Questions

What made the business successful?

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Easy. They are not successful. I know this because you spelled "business" wrong. And you also spelled "successful" wrong. Nice work.


What historical event made Matilda's family business more successful?

no


What made Milton Hershey business successful?

he didi f3rngbr rtgnrgtengegebth mgdmitonmilton


How did successful practices and food surpluses affect growth in Mesopotamia?

Successful farming practices helped Mesopotamia grow because people were able to settle and not live a nomadic lifestyle. Food surpluses made it possible for people to work on other things, such as art and music.


Where was Criticism and the Lover A made?

Criticism and the Lover A was made in England.


What kinds of skills do you think Levi roots had that made him such a successful business person?

Nerd listen, He was a egghead


Is Bill Gates a bad person?

It is subjective to determine if someone is a "bad person." Bill Gates has made significant contributions to various charitable causes through the Bill and Melinda Gates Foundation, but he has also faced criticism for business practices and wealth disparity. Ultimately, opinions on his character vary.


Do You think scientific management made business more successful?

yes cause it impove better life for middle class


What are some successful entrepreneurship business examples that have made a significant impact in their respective industries?

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How did scientific management made business more successful?

That the rate of injuries increased, condition grew worse just to play less.