Date: Tue, Oct 25, 2011 at 7:48 AM
Subject: Re: [ vuZs.net ] gdb of mgt610....
To: vuzs@googlegroups.com
today is last date
"Crown Motor Company has launched a new car in market that faced the problem of fuel tank explosion at a speed of 120KM/HR and a lot of casualties were reported due to the same problem. The company got two choices. Either to call back the cars delivered in the market to repair and fix the problem or simply pay the compensation charges which were low as compared to the charges of fixing the problem.In this scenario, what would be the company decision and how would you interpret it? Discuss
Plz is gdb ka idea solution bata dian plz its urgent
--On Tue, May 31, 2011 at 1:55 PM, ◆Fuad Hasan◆ <mrfuad2007@gmail.com> wrote:
below is the reference ...it will be helpful for you in solving this GDB
Monopoly
From Wikipedia, the free encyclopediain economics, a monopoly exists when a specific individual or an enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it. (This is in contrast to a monopsony which relates to a single entity's control over a market to purchase a good or service, and contrasted with oligopoly where a few entities exert considerable influence over anindustry)[1][clarification needed] Monopolies are thus characterised by a lack of economic competition to produce the good or service and a lack of viable substitute goods.[2] The verb "monopolise" refers to theprocess by which a firm gains persistently greater market share than what is expected under perfect competition.
On Mon, May 30, 2011 at 6:02 PM, bhalo ... <bhalo.iceburg@gmail.com> wrote:GDB of mgt610....help required
"Wapda is controlling all the energy ventures in Pakistan. What type of market competition it is? Elaborate your answer with some relative example."--
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