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What word means a business or industry having complete control over a product or service?
Wiki User
∙ 11y ago
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Wiki User
∙ 11y ago
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When a business has complete control of the supple of a product it has a?
monopoly
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 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 is a definition of a business cycle?
The business cycle is the process through which a business goes through from the time of conception to maturity. Businesses struggle a bit when they are relatively new ideas and boom when people know about and like the product. When the industry gets flooded, businesses can start to decline if they do not reinvent.
A business buys 5000 dollar worth of resources to produce a product . The business makes 100 units of the product and each of them sells for 65. The value added by the business to these product is?
$1,500.
What are companies that have complete control over a particular product or industry?
in control
When a business has complete control of the supple of a product it has a?
monopoly
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.
The complete control of a product or service by a single company?
monopoly
What is product breadth?
Being intense in scope by immersing your business into an industry or product category. Stocking a focused product mix, a specialized service offering.
A list of the types of business segments?
There are several types of business segments. Some of the business segments are product, service, income level, industry, and age.
What is it called when one company has complete control of a product or service?
A monopoly.
What is the exclusive control of a product by a business called?
monopoly is a really fun game, lmfaoroflzlolteeheeahahahah.
What is a single business called if it has achieved exclusive control over a product or service?
Monopoly
Is business process software a product of IBM?
"Business process management software is a product of IBM. They offer it in advance, express, and standard versions. IBM also offers a variety of industry and add-ons for this software."
Is Durable medical equipment business profitable?
The DME Industry has undergone significant changes due to the Medicare Modernization Act and now Competitive Bidding. It is not an easy industry to enter, but can be profitable with the right product mix and business model.
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.
