- One Seller and Large number of buyers.
- Monopoly is also an industry.
- Ban on entry of the new firms.
- No close substitute
- Price Maker
- Price determination by the producer.
Advantages of % of sales method of estimating budget: 1) It is financially safe & expanding within reasonable...
The eight managerial tasks that crop up repeatedly in company efforts to execute strategy include: a. Building an organization...
Where a promissory note, bill of exchange or cheque has been materially altered but does not appear to have...
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