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What is it called when One group controlling an industry or market by being the only provider?

Monopoly.


When one group controls an industry or market by being the only provider is?

Monopoly.


When one group controls an industry or market by being the only provider this is called .?

Monopoly


How market research benefits a business?

Market research can benefit a business by finding information about their target market, compettition, current trends in their industry, how big is the market and how much money is being spent in the industry.


How changes in technology affect the banking industry?

Most of the bank industry is tied in with the stock market. The stock market is tied in with technology. When the first iPod came out, stocks on Apple were rising, which altered the banking industry. I always think of the banks being a base for the stock market, since that's where the money is held.


When the light bulb industry went from being a single seller market to a competitive market the price of light bulbs decreased increased?

increase


Who ha pure market economy?

In a pure market economy, producers and consumers have the freedom to make their own economic decisions, without those decisions being guided or dictated by a central controlling mechanism.


Flexible packaging is an industry or not?

Yes ofcourse flexible packaging is an industry.* The Global market for flexible packaging is estimated at USD 65 Bn.* The US flexible packaging market is valued at USD 20 Bn.* The main end user being food industry at 50 %* Western European flexible packaging industry is valued at around USD 8 Bn.


What type of industry is Comporium Communications?

Comporium Communications is a local telephone, internet, cable, and home security provider. It operates in the York and Lancaster counties in South Carolina, U.S. For the services offered, Comporium Communications is categorized as being part of the telecommunications industry.


Market Knowledge and better functioning of travel sites?

Market knowledge helps in market research which is essential to know the ever-growing travel industry. Travel industry data scraping helps in unlearning the past ways and concentrating on the approaches to boost sales and customer satisfaction. The travel industry is booming with travel sites because they have a wide range of travel listings, hospitality reviews, and reviewers’ profiles. The availability of these data opens doors to market research which provides benefits such as, being able to predict and plan changes.


What are the advantages and disadvantages of being pioneers of new technology within an industry?

If the product is successful in the market you gain the economic profit and if the prodct fails you lose your investment.


Is he being nice and sweet or arrogant and controlling?

It depend on the situation, sometimes men are nice, sometimes they are arrogant and controlling