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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Vertical integration is a business growth strategy for economics of scale. It is typified by one firm engaged in different parts of production example; growing raw materials‚ manufacturing‚ transporting‚ marketing‚ and/or retailing to expand business in existing market for the firm. It can function in two directions both forward integration and backward integration. In Forward integration involves company to develop strategy to control the firm product distribution either through distribution centers
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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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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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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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The Difference Between Psychopaths And Sociopaths In A Nutshell Oftentimes‚ we think of the terms “psychopath” and “sociopath” as being used interchangeably to describe people who have no conscience and act with no regard to others; in fact‚ the terms were once fairly interchangeable. Now‚ however‚ “psychopath” is usually used in regards to someone who has crossed the line into the criminal element‚ while a sociopath is of little danger to those around them. A psychopath is the more dangerous of
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9/22/13 Differences between Men and Women For centuries‚ the differences between men and women were socially defined through a lens of sexism‚ in which men assumed to be superior over women. The vision of equality between the sexes has narrowed the possibilities for discovery of what truly exists within a man and women. The world would be less interesting when everything is the same. Today none of us would argue that men and women are physically different‚ but they differ emotionally‚ and mentally
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