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Oduvanchick [21]
3 years ago
10

Why is there no competition in a monopoly?

Business
2 answers:
barxatty [35]3 years ago
7 0
A) there are no close substitutes

Explanation:

A monopoly results when there is a single provider of a particular good or service. Since they’re the only company providing that good or service, the consumer must conduct their business with that specific provider. For example, imagine that Walmart is the only store you can buy food from. Walmart would dominate the entire supply market as it would be the only store from which you can buy your food.
Solnce55 [7]3 years ago
4 0
A) there are no close sub
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Its probably C. The other answers are highly unlikely. 
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Research suggests that up to ___________ of manufacturing firms are using some form of lean in their business.
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4 years ago
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
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Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0
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kozerog [31]

Answer: Option D  

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Technology up gradation is a necessity in today's competitive business environment but if implemented in a right way it can give an organisation a strong competitive advantage which will open new doors to success.

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7 0
3 years ago
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azamat

Answer:

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