substitutes and with significant barriers to entry. While it might seem as though the difference between oligopoly and monopoly is clear cut‚ such is not always the case. A comparison between these two market structures is bound to be illuminating. •One or Few: The primary difference between oligopoly and monopoly is that monopoly contains a single seller‚ whereas oligopoly has two or more sellers. Such a difference might seem to provide a clear separation. But not necessarily. •Substitutes:
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the commercial activities between East and West has become one of the major lifeline almost dominated the world economy. Its representation can be attributed to the Japanese and U.S. economic and trade. As is well known‚ the United States is the superpower of the world‚ not only in military but also in economic. Japan is a small country‚ while considering the contribution to the world economic Japan still is a big country. So trade exchanges and business negotiations between these two countries is a
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or want is called Good. 2) Services Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything‚ is called Service. Difference between Goods & Services There are various differences between goods and services but they can be classified on the basis of the following heads: 1) On the basis of Characteristics 2) On the basis of Offering 1) On the basis of Characteristics The
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Difference between an LPN and RN Presented to Professor Anthony Transition to Nursing By: Lee Rittner April 21‚ 2012 Difference between an LPN and RN ABSTRACT It takes a lot of courage to let go of what is known‚ familiar‚ and comfortable. Change is a driving force in everyone. Like a butterfly‚ individuals in the nursing field may go through similar stages of metamorphosis‚ which is a process of growth‚ change‚ and development‚ (Wikipedia Foundation‚ 2006). Nurses have a vast
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are very similar in role responsibilities‚ yet have very subtle differences. Both roles are instrumental in building strong teams of employees and compliment each other as they work towards the same goals. While there are many similarities to be defined between the two roles‚ there are a few notable differences which can help to distinguish between a manager and a leader. I feel it is absolutely necessary to highlight these differences to my fellow employees so they understand the importance of my
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McDONALD’S HISTORY LISTING 1948 In December‚ Dick and Mac McDonald open the first McDonald’s in San Bernardino‚ California. A little hamburger man called "Speedee" becomes the company logo. 1954 Ray A. Kroc‚ a Multimixer salesman from Oak Park‚ lIIinois‚ visits Dick and Mac’s San Bernardino McDonald’s‚ his curiosity initially aroused by the large number of Multimixers they were buying. Ray Kroc becomes the exclusive national franchise agent for the McDonald’s brothers. 1955 On April 15‚ Ray Kroc
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Marketing: Differences Between B2B and B2C Linicha Hunter University of Phoenix EBUS 400 E-Business Dr. Hee Lee September 27‚ 2006 Marketing: Differences Between B2B and B2C Marketing allows organizations to promote their products or services with the intent of maximizing their profit and gaining consumers ’ confidence. In today ’s society marketing the correct product/service can be difficult but implementing the marketing process and planning accurately can alleviate potential
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airports‚ busy street) or most certainly locating closely where its top 3 competitors are also doing business eg;Burger King‚ Subway etc.. 4.Promotion: Mc Donald has engaged in many short-term incentives for consumer promotion through limited value menus‚ promotional games to promote old/new items on the menu eg; Happy Meal toys‚Big Mac Hockey Contest‚card games etc.. And McDonald focuses its ad campaigns on its overall Mc Donald experience and active life style. Promotional Strategy of McDonald’s
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1. Describe In-N-Out in terms of the value it provides for customers. In-N-Out started simple and stayed simple focused on the core values "customer well-being"‚ and with those core values they created big loyal fan base. In-N-Out provides better customer satisfaction that any other fast food restaurants do. Combining excellent food and excellent service it is giving In-N-Out "loven’it" from the customers‚ and that is what is the most important value for In-N-Out. 2. Evaluate In-N-Out’s performance
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Communication Differences Between the Sexes Through the ages communication between the sexes has been a perplexing subject. It has plagued mankind for centuries‚ but this communication breakdown can be eased if we learn a little bit about the way males communicate verses the way females communicate. Some researchers believe that different styles of communication are developed by nurturing‚ not nature. That communication styles are learned through the way someone has been raised‚ not by how a
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