Entries by Grace Wahito

shouldn’t a company keep producing so that even if the pure profit

shouldn’t a company keep producing so that even if the pure profit just turns zero, it is in the interest of society to continue to produce the item (such as a rare drug for example)? Do you see the same happening in a Communist economy like China? If not, then why?   Looking for a […]

 

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In the corporate world, bigger is often better. When it comes to memorable,

In the corporate world, bigger is often better. When it comes to memorable, industry changing companies(Microsoft), the more intricate plans often win out. We tend to think the same with mergers and acquisitions. Some mergers are successful, so successful, in fact, that we can’t remember a time when the two companies were distinct. Some examples […]

 

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An example of a monopoly is Waste Management. Waste Management is the nations garbage collection

An example of a monopoly is Waste Management. Waste Management is the nations garbage collection.  Waste Management is considered a “natural monopoly.” Waste Management has majority of the landfills large collections in the nation. I believe it is considered a monopoly because it isn’t that easy for other companies to establish a landfill with the proper regulations with […]

 

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