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Ownership of raw materials: Companies control materials and do not sell to competitors. Monopoly One group controls the market. 1. Single seller 2. No substitutes 3. No entry 4. Complete control over price Suppliers can raise prices without losing business. Types of Monopoly 1. Natural: ...
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I would tell you, in the end, the only benefit banks have in the marketplace is that they have cheaper deposits. Otherwise, you can get money from private equity in other places, OK? And they've got a presence in the branch network. But in the end, banks compete with the other, an...
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Such as getting prior company confirmation by phone, fax or by mail besides necessary cross checks done through the related local bodies like banks, chambers of commerce, related trade associations, etc. especially before realizing any money transaction....
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