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LUCKY_DIMON [66]
3 years ago
8

Monopolies are bad; patents give firms monopoly;therefore, patents are bad. true of false? why?

Business
1 answer:
TEA [102]3 years ago
4 0

The answer is true. A monopoly is where a company, a group or individual has the power of controlling or possessing supply or trade while patent is where the government provides authority or license. If the monopoly is considered to be bad, the patent will also be bad as it is associated with a particular thing that has a purpose of doing bad since a patent is the agreement, the patent is likely to allow the monopoly do something that is bad or illegal as monopoly has the purpose of doing something bad. 

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Explanation: A successful general manager or a manager that is striving to be successful will/should possess the following traits:

1. Attention to detail; this is a very important trait and could be the difference between keeping a client and losing one. This is because clients want to feel and be treated specially and uniquely. Therefore an attention to detail will help the manager ensure that each client is treated specifically and differently from the next client.

2. Follow through leadership: this trait is very important in order to maintain cohesion among the team members and subordinates.

3. People skills: this is a very important trait because it is very vital in person-to-person interactions, especially when interacting with hotel guests.

4. Effective delegation: one person cannot perform all the tasks in a hotel, therefore it falls on the general manager to be able to assign roles to individuals that are best suited to perform the tasks. This is a very important trait and will ensure that resources are properly utilized.

Computer programming skills is not a trait requires of a hotel general manager. This is because the role can be assigned to a computer programmer while the general manager faces other tasks that require his/her attention.

8 0
3 years ago
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soldier1979 [14.2K]

Under these conditions an efficient solution can be reached regardless of the initial assignment of property rights.

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3 years ago
Which of the following is not a basic consumer right?
Kitty [74]

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(a) Work/leisure choice

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Choices relating to leisure or work have to do with the individual and the resources they would need or derive from either work or leisure and so are a microeconomic problem.

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