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A monopoly may impact an industry significantly, but there isn't other businesses within an industry when a true monopoly exists. A market leader is a business that may affect the prices within an industry.
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How do multinational corporations differ from other companies that participate in global business?
sell the same product in their stores world wide.
Can two companies have the same owner?
Yes, a single person/business can own many companies.
Which companies offer business translation services?
MerrillBrink, GBTranslationServices, KeyLingo, and Speaklike are some companies that offer business translation services. Business translation services are used to help businesses that do not have the same language in common.
What is meant by parent company?
Definition of 'Parent Company'A company that controls other companies by owning an influential amount of voting stock or control. Parent companies will typically be larger firms that exhibit control over one or more small subsidiaries in either the same industry or other industries. Parent companies can be either hands-on or hands-off with subsidiaries, depending on the amount of managerial control given to subsidiary managers. Investopedia explains 'Parent Company'Companies can become parent companies by many different means. The two most common ways are through the acquisitions of smaller companies and the spinoff or creation of subsidiaries. For the purposes of accounting, parent companies report results of subsidiaries on audited statements when subsidiaries fall under the same corporate identity.
Why is economic efficiency important to a free market economy?
Generally speaking, a company in a free market economy must set prices for its products that are "competitive" with other companies in the same line of business. If a company is inefficient in its operations, it won't be able to remain in the market of its competitors and may go bankrupt.
How do multinational corporations differ from other companies that participate in global business?
sell the same product in their stores world wide.
Why do most controls overall performance tend to be financial?
Financials are used because they are measurable. Other business objectives aren't measurable and are open to interpretation. Financials mean the same from one business to the next.
Can two companies have the same owner?
Yes, a single person/business can own many companies.
How do American Express companies transact their business?
Companies using American Express credit cards transact their business in much the same way as any other companies. American Express holders may have more difficulty in some areas because the card is not universally accepted.
Are there companies that offer same-day business cash advance loans?
There are several companies offering same-day business cash advances. One of these company websites is Fast-Advance.net.
Can you take the fees credit card companies charge you for accepting credit card cards in your business as a tax write off?
These fees are part of the cost of doing business and reduce your taxable business income the same as other business expenses do.
Which companies offer business translation services?
MerrillBrink, GBTranslationServices, KeyLingo, and Speaklike are some companies that offer business translation services. Business translation services are used to help businesses that do not have the same language in common.
What is the definition of a business incubator?
Business incubators help to develop companies in the entrepreneurial phase through business support. This support is often found in the way of establishing connections and early funding. New answer: Business incubator is a company or group of professionals who help other companies or startups to grow. Recently I wrote similar article on the same subject exploring the details. Let me share the link over here
What is b2b telemarketing and how does it work?
"b2b telemarketing is actually an acronym that stand for business to business telemarketing. It works the same way as residential telemarketing, except the telemarketer works for a company, and is cold calling other companies to see products and services"
What are the names of some business telephone services?
Most big business companies still use the same telephones companies we use like Verizon, AT&T, and T-mobile. However, many companies use services like group calling and video conferences.
How can companies profit from business optimization?
Business optimization in the most general sense is changing and adapting the usual processes mechanics of a business to a more efficient and effective form. Usually, with efficiency comes a cost savings, where a business is able to do the same thing it was but at lower cost of either time or money. Companies then net more profit because this efficiency either allows more income at the same cost, or the same income at a reduced cost.
Why did American oil companies come to Saudi Arabia?
American companies came for oil exploration. Other companies from other countries came for the same purpose, such as Korean, German, and Japanese.
