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Brrunno [24]
3 years ago
11

Https://one feature of pure monopoly is that the firm is

Business
1 answer:
Alecsey [184]3 years ago
8 0
One feature of pure monopoly is that the firm is a price maker. This type of monopoly exists when one certain company is only the source for a certain product and there are no any present substitutes in the market. For this case, the business firm is equal to the industry. Due to this, they would have the freedom of setting their own prices since they have the freedom to control their supply.. This type of monopoly is very rare since to do this, the company should be able to block and prevent all possible competitors from entering. Examples of these would be utility companies that are present in certain small towns where they are the only source of the utilities.<span />
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Answer:

The best option would be;

A. Call Phil in for a private meeting to appreciate his work

Explanation:

Communication is very important in a company set up since information can be passed between employees of a company. The money in which the information is passed is also important, and usually depends on a variety of factors. These factors differ from one company to another, and therefor one needs to choose wisely the manner in which he/she is to communicate.

One factor that will be considered is the personality of the person that this particular information is to be passed. The information is to be passed in a manner that is respectful and doesn't cause any discomfort or embarrassment to the recipient. In our case, the team member, Phil, is an introvert. Introverts are generally people who keep to themselves a lot and have a dislike of publicity. This means that any option which will make Phil a public figure in the work place would not be well appreciated by Phil.

The best option will therefor be to call Phil in for a private meeting to appreciate his work. This will make Phil feel respected and appreciated while at the same time will not make him uncomfortable by exposing him to the public.

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