Answer:
Cartel
Explanation:
According to sociology, a cartel is a formal group that is formed to make price decisions on a product or service. In other words, a cartel is a organization that is created from a formal agreement between producers of a product or service with the objective of regulate their supply or manipulate the prices and therefore, limiting the competition by controlling the production, distribution and pricing of the service they do. So, a cartel is an agreement between commercial enterprises.
Answer:
Statement is true.
Explanation:
In simple words Pluralism is defined as the system or condition under which two or more groups, principles, states, etc., coexist. Under the concept there exist a doctrine of multiplicity and there is no dominant set of organization present which directs the policy making processes.
Given statement is correct because it is this concept of Pluralism which provide an individual or interest group an effective way to participate in the political system and allowing theirs view and ideas to be heard in an organised manner. According to pluralist, negotiation and discussion among these interest groups further provide a balance of power which also protects an individual from inclining towards any specific ideology or view point and helps them to remain neutral.
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Answer:
Allow for safeguarding internalized operating benefits
Explanation:
A value chain is a model of looking at all of your business processes and figuring out how to gain a competitive advantage by focusing on developing maximum value in your product or service, while keeping your profit margins in the green at the same time. So since the value chain activity involves looking inward to better utilize one's strength so as to increase it's competitive advantage, it will help safeguard internalized operating benefits.
