Vertical price fixing occurs when members of the marketing channel work together to influence the costs passed on to customers.
<h3>What are vertical and horizontal price fixing?</h3>
Vertical price fixing refers to price fixing along the supply chain, while horizontal price fixing refers to price fixing between competitors in the marketplace.
<h3>Predatory pricing: What is it?</h3>
In a predatory pricing system, prices are artificially depressed in an effort to eliminate rivals and establish a monopoly. Short-term price reductions may be advantageous to consumers, but if the plan is successful in reducing competition, prices will rise and the number of options will decrease.
<h3>Vertical pricing control: what is it?</h3>
Agreements by manufacturers to set a minimum or maximum resale price are examples of vertical price-fixing arrangements.
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Informal corporate culture
-> organisations that value egalitarianism of ppl/ less power distance/ most manager discuss decisions with colleague
-> i think partnership and sole trader since tis kidda businesses have limited no of ppl
It is indicated in this item that the attitude of the healthcare worker was only because he/she was following the facility procedure. Then, I don't think this is considered workplace violence at all. It is true that most of the healthcare facilities are withholding information in order to protect the privacy of their patients.
The variables that have to be considered while thinking of the organic structural design would be
- Corporate strategy
- Firm size
- The business environment
<h3>What is referred to as organic structural design in business</h3>
This is the term that is used to refer to the work environment that has the horizontal method of communication.
In this organization, there would be communication between the various departments that are in it.
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