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ad-work [718]
3 years ago
7

Name one form of collusion

Business
2 answers:
ExtremeBDS [4]3 years ago
7 0

Answer:

price fixing

Explanation:

The collusion occurs when firms agree to collaborate in a way that disrupt markets such as fixing prices above the actual price to alter the equilibrium of the market

Marianna [84]3 years ago
4 0

Answer:

One form of collusion is price fixing

Explanation:

collusion is said to be when two or more entities come up with an agreement to achieve a purpose which is illegal by law by denying people of the rights and this is done mostly by rival groups coming together for their self gains. and one of these form of collusion is price fixing as seen with OPEC (a body that fixes oil prices ) they are a formal kind of collusion cartel

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Setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determ
Kobotan [32]

Answer:

produce a profit

Explanation:

<u>Price</u> refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.

A <u>profit</u> is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.

The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.

Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and <u>produce a profit</u>.

3 0
3 years ago
The human resources department of french quarter seafood conducted a training workshop on setting and achieving organization goa
Cloud [144]
The aspect of the SMART goal that is missing is that of TARGET DATE.
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7 0
4 years ago
when you cross or enter traffic from a full stop, how much space should you allow on city streets? on the highway?
alekssr [168]
You should leave 3 seconds of space between you and the vehicle ahead of you.
5 0
4 years ago
Which one of the following is not a primary component of an internal control system?
Bond [772]

The following is not a primary component of an internal control system <u>Control environment .</u>

<u />

The primary cause of inner controls is to assist safeguard an corporation and further its objectives. internal controls characteristic to limit risks and shield property, make certain accuracy of facts, sell operational efficiency, and inspire adherence to policies, rules, regulations, and legal guidelines.

Internal controls are techniques designed to help guard an enterprise and limit danger to its objectives. inner controls decrease risks and guard belongings, ensure accuracy of statistics, sell operational performance, and encourage adherence to policies, policies, policies, and laws.

Determining whether a specific internal manage machine is effective is a judgement because of an assessment of whether the five additives - manage surroundings, risk assessment, manage sports, information and communique, and tracking - are present and functioning.

Learn more about Internal controls here

brainly.com/question/26398073

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5 0
1 year ago
Entering foreign markets requires firms to ascertain foremost how they will attain
coldgirl [10]

The answer is market share. Entering foreign markets will require a certain company or firm to attain their market share because compared to local markets, foreign markets are different and requires strategies and planning—in which, they should do what it takes to attain their market share that is a portion of their market controlled by them.

6 0
3 years ago
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