This type of agreement is a violation of the Sherman Act.
A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.
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Answer:
Because it can be use by many people
Bad because than it gives no competition off other businesses which essentially is not good because than the monopoly will dominate and become way too powerful and totally crush the economy.
Answer:
0.89 orders per minute
Explanation:
As per the data given in the question,
Batch size = 4 orders
Here, process 1 = cooking
process 2 = Bagging and payment accepting
Time taken to complete process 1 by cooking a batch of 4 orders
= 3 × 1 + 0.5 × 3
= 4.5 minutes
Time taken to complete process 2 by Bagging and payment accepting of 4 orders
= 0.80 × 4
= 3.2 minutes
Time in process 1 is greater than time taken in process 2
Since, process 1 is bottleneck operation So, it will decide the capacity of project. therefore,
Overall capacity = 4.5 minutes for 4 orders
Therefore number of orders = 4 ÷ 4.5
= 0.89 orders per minute
Hence, Process capacity = 0.89 orders per minute
The scenario given above is an example of cultural manners and customs. Cultural manners and customs has to do with the the ways societies do things in foreign countries. Manners and customs typically affect both the management and marketing operation of a company. International companies must understand the manners and customs of the country where they are located in order to succeed.
