1) Explain the terms ‘Monopoly’ and ‘Monopolistic Competition’ (4 marks) Monopoly A monopoly is a market structure in which a single company or individual owns all or nearly all of the market for a given type of product or service with no or close substitute. This would happen in the case that there is a barrier to entry into the industry that allows the single company to operate without competition (for example‚ vast economies of scale‚ barriers to entry‚ or governmental regulation)
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1. What is the climate for doing business in India? Is it supportive of foreign investment? The climate for doing business in India is continuously evolving. Today‚ the Indian economy is characterized by a liberalized foreign investment and trade policy‚ the extensive role played by the private sector and deregulation. India is extremely supportive of foreign investment and in recent years‚ the government has been relaxing its bureaucratic rules particularly those relating to foreign investments
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Issues That Influence an Organizational Structure by Company A company’s organizational structure can determine its success or failure upon entry into the market. The decisions a small-business owner makes in choosing management and employee roles within the company help determine the organizational structure and can have a large influence on the culture within the business. If structure doesn’t reflect the owner’s business goals‚ employees may have a hard time working successfully for the company
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2-14-2013 Factors Affecting Students’ Decision of Hotel Selection Mingyang Liu Johnson & Wales University - Providence‚ MGL375@wildcats.jwu.edu Ritong He Johnson & Wales University - Providence‚ RGH625@wildcats.jwu.edu Follow this and additional works at: http://scholarsarchive.jwu.edu/mba_student Part of the Hospitality Administration and Management Commons‚ Marketing Commons‚ and the Tourism and Travel Commons Repository Citation Liu‚ Mingyang and He‚ Ritong‚ "Factors Affecting Students’
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Regulatory issues/agencies All cosmetic products marketed in the USA must comply with the Federal Food‚ Drug and Cosmetic Act (FD&C Act)‚ the Fair Packaging and Labeling Act (FPLA) and the Food and Drug Administration (FDA). Adulterated or misbranded cosmetics cannot be distributed according to the FD&C Act (Cosmetic Handbook‚ 1992). Manufacturers are not required to test their products for safety though the FDA strongly encourages safety tests. If a claim cannot be adequately substantiated‚ the
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to accommodate guests who require more luxurious amenities. In the United States‚ no official rules exist as to what defines a limited-service hotel and what defines a full-service hotel; hotels can advertise however they’d like. The hospitality industry‚ however‚ generally agrees on the basics of both types of hotels. Services Differences Typically‚ a full-service hotel like a Marriott or Hilton offers its guests services such as bed turn-down‚ newspaper delivery‚ security guards‚ wake-up calls
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methodologies to enhance and extend their operations. Innovative work is a center some piece of our business at Paint Industries. Real choices in this business are made on the bases of innovative work. Here level of rivalry‚ preparation procedures and techniques are quickly expanding‚ it is of unique vitality to Paint Industries to create arrangement to suit particular customer or market needs‚ as dependent upon their qualities‚ client fulfillment as required. Their innovative group work is consistently
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What Factors Affect Chemical Equilibrium? Introduction: In investigation 14‚ “What Factors Affect Chemical Equilibrium?”‚ the purpose was to find out which reagents caused a change in the chemical equilibrium. A deep red color was formed when Iron Nitrate [Fe(NO3)3 (aq)] was mixed with water and Ammonium Thiocyanate [NH4NCS (aq)]. The product of these two reactants was Iron Thiocyanate(FeNCS). After different trials of mixing the given reagents
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THE ECONOMY The economy of Pompeii owed much to two factors‚ the fertility of the Campanian soil and the town’s position as the harbour for the surrounding region. Wall paintings indicate that a wide range of fruits and vegetables were grown in the region. In these‚ as in grain the city would have been self-sufficient. The two most significant agricultural products were undoubtedly wine and olive oil. Both of these were widely exported and they must have contributed greatly to the wealth
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Are Chinese products a threat to INDIAN Industries 1) Are Japanese products a threat to US industries? Are Eastern EU products a threat to Western EU industries? 2) Is the Chinese Auto industries a threat to India? Dont know. Is the Chinese Food Product better than India? Dont think so. Is the Chinese Manga Books better than India? Dont think so. Is the Chinese textile industries a threat to India? Yes. Is the Indian software industries a threat to China? Yes. 3) As a wide range of cheap Chinese
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