monopoly
A business that you have described here could be called a monopoly.
That's called a 'monopoly' - Since they are the only supplier of the product - they can fix the price.
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.
$1,500.
in control
monopoly
A business that you have described here could be called a monopoly.
Being intense in scope by immersing your business into an industry or product category. Stocking a focused product mix, a specialized service offering.
There are several types of business segments. Some of the business segments are product, service, income level, industry, and age.
A monopoly.
Monopoly
monopoly is a really fun game, lmfaoroflzlolteeheeahahahah.
"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."
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.
That's called a 'monopoly' - Since they are the only supplier of the product - they can fix the price.
If you ask wondering about Internal and External influences of a business there are many. Internal means things that the business can control, some of these include management, product, location, resources (meaning who they are buying the materials from, captial ect), and the business culture (how the business operates e.g. Green, Australian Made, ect). External influences also vary and could be economy, government, multicultralism, product diversity, competitors, market conditions, geographic and social. Though these are only a few, many other Internal and External Influences exist. Hope this helped :)