A cartel differs from a monopoly in that B) businesses making the same product agree to limit production. A cartel is an agreement between producers of goods, usually primary products like oil or natural gas, who work together to set a price at an agreed upon price that is a distortion above of what the market's equilibrium price would be for the good without the cartel's intervention.
Latin American businesspeople frequently come after the agreed meeting time because they prefer to first spend time establishing a good relation. They also conduct meetings informally, allowing them to show up well past the appointed time.
Goals drive business communication. People inside and outside of an organization must be informed of the rules, regulations, and policies of that organization. Business communication is governed by a set of standards and guidelines. Early corporate communication was restricted to written correspondence, telephone calls, etc. However, with the advancement of technology, we now have satellite communication, cell phones, video conferencing, emails, and more to facilitate corporate communication. Effective business communication contributes to an organization's reputation-building efforts.
Any firm depends on its customers. You may maintain effective contact with your consumers and create enduring relationships if you work on developing excellent interpersonal skills.
Customers who are satisfied will promote your company. They advertise and endorse your company. They are, however, also more understanding when things don't go as planned.
Learn more about effective communication here
brainly.com/question/4123103
#SJP4
prepaid means already paid
When you have a monopoly you have a product or service on the market with no competition. On the flip side, in a pure or perfect competition there are various competitors selling the same product or service as you. The main difference between these two are that a monopoly involves no competition at all while a pure competition involves a high level of competition. (the first choice)
The second choice is incorrect because it is harder to establish a product in a pure competition market because you are competing with other companies.
The third choice is incorrect because a monopoly refers to a company with a product or service and no competition whereas a pure competition refers to one with the same products or services.
The forth choice is incorrect because they can be present in various economy structures.
<span>All
electric-powered automobiles such as the Chevy spark are in the introductory stage
of their product life cycle. It is made
by the General Motors. The introductory stage is the first of the four product
cycle. Usually in this stage, it has a small market, limited competition and
fairy costly. </span>
<span> </span>
