answersLogoWhite

0

So that they could all make more money.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Why would group of companies be willing to cooperate in price fixing?

To maximise profits.


A group of companies that agree to cooperate with each other by setting prices production quotas and wages is called?

A trust or a monopoly


Why would a group of companies be willing to cooperate?

A group of companies may choose to cooperate to leverage shared resources, reduce costs, and enhance competitive advantages in the market. Collaborative efforts can lead to innovation through pooling knowledge and technology, allowing them to tackle larger projects or enter new markets more effectively. Additionally, cooperation can improve risk management by diversifying investments and sharing the burden of challenges. Ultimately, working together can create synergies that benefit all parties involved.


Why would a group of companies be willing to cooperate in price fixing?

Because they can each make more money, individually. If competing companies actually compete then they will sell their product as cheaply as possible, since the customer is most likely to buy the cheapest option. However, if the competing companies can agree to fix the price, then they can charge more money without losing out to another company who is willing to sell the product for cheaper.


What are the advantages and disadvantages of cooperate sales?

explain the process in relationto cooperate sales and group sales and show their different needs and wants


what are 2 ways i which member of a social group may cooperate in the community?

by helping and cloning


Group of company or companies is correct?

Group of companies is grammatically correct.


What is the legal status for a group of companies?

The legal status for a group of companies is that it is called a corporate group.


Name of the tata group software companies?

Name of the tata group of companies


When did Zomba Group of Companies end?

Zomba Group of Companies ended in 2008.


When was Zomba Group of Companies created?

Zomba Group of Companies was created in 1981.


When was CERT Group of Companies created?

CERT Group of Companies was created in 1996.