Why competition amongst companies is good for the countrys economy?

Why competition amongst companies is good for the countrys economy?
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If the total production in an economy is produced by “a few big firms” than this market is known as (a) Monopolistic Competition (b) Duopoly (c) Oligopoly (d) Discriminating Monopoly

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What is a like a cartel an illegal grouping of companies that discourages competition?

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Which one of the following statements is not correct ? (A) Business firms combine to avoid wasteful competition (B) Business combination is possible only among joint stock companies (C) Business firms may combine to take advantage of patent rights of individual firms (D) During economic depression, small firms are absorbed by financially sound large firms

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Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are about rivals fighting over a shrinking profit pool. B. Blue oceans represent all the industries in existence today while red oceans are those where companies beat competition C. In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries. D. All the above options are valid

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Last Answer : In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries.

Which of the following sentences best summarizes the differences between the red and blue oceans strategies? A. Red oceans are about avoiding head-to-head competition while blue oceans are about rivals fighting over a shrinking profit pool. B. Blue oceans represent all the industries in existence today while red oceans are those where companies beat competition C. In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries. D. All the above options are valid

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Last Answer : In the red oceans, industry boundaries are defined and accepted and the competitive rules of the game are known. Blue oceans are occasionally created well beyond existing industry boundaries

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The entry of the multinational companies in large numbers in the Indian market has created ……………………. . a. Huge Demand b. Huge Supply c. Tough Competition d. Huge Demand and Supply

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Last Answer : Four measures which were introduced by the French Revolutionaries to create a sense of collective identity amongs the French people were 1. The ideas of la patrie (the fatherland) and le citoyen (the ... and French, as it was spoken and written in Paris, became the common language of the nation

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