What is the use of mediation and arbitration in a commercial business setting?

Q: A new entrant, Bargain Airways, cuts air fares between Eastwich and Westwich by 20 percent. Biggie…

A: Rising or lowering the cost is likely to have a variety of effects on the company of airlines.…

Q: What kinds of behavior do the antitrust laws prohibit?

A: Laws are made to increase welfare of people in the economy.

Q: Dave and Ellen enter into a contract via e-mail. When a dispute arises over the performance of the…

A: Contracts established and executed through the Internet are referred to as online contracts. These…

Q: Government should regulate mergers between firm's give reason in favor and against this statement

A: A merger is a process of merging the two existing companies into one with mutual agreement.

Q: What Is Buyer-Supplier Interface Barriers?

A: In Buyer-Supplier interface barriers suppliers are reluctant to provide cost information, and there…

Q: What is a corporate merger What is an acquisition

A: Merger refers to a process whereby two companies combine together to act as a single entity. The…

Q: which of the following is not a characteristic of nonverbal communication, a) its ambiguous b) it…

A: Nonverbal communication is the process by which people communicate information about their feelings,…

Q: monopolist

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What are the advantages of personal selling over otherforms of customer communication?

A: Personal selling: personal selling is where the business use sales force people to sell the products…

Q: Waite the report on any the progsuIRe organision in' yourx locality!

A: The report writing which will be held in a locality is based on the tree plantation program. So all…

Q: What is your understanding of the nature of conflict? What are the stages of the Conflict Management…

A: Conflict is the disagreement or clash of the interest of two parties in the same situation.

Q: Which works best – market-based or regulatory (“command and control”) approaches?

A: In the theory of economics, there are many approaches in the market that are used for the stabilized…

Q: Justify protection of patent based on social cost,sunk cost and social benefit theory.

A: Patents protect intellectual property rights. Through patents, an inventor can protect his…

Q: There is a chance of creating defamation by deliberately discussing false information that may harm…

A: If someone defames someone.It means reputation of that person would be damaged.

Q: Which of the following types of intellectual property is valid for up to 20 years and can not be…

A: Answer: Patent, Copyright, and Trademark are the three legal rights to protect the intellectual…

Q: How do we measure a four-firm concentration ratio? What does a high measure mean about the extent of…

A: The market share plays an important role in a firm’s overall activity. The firms need to capture the…

Q: What are the benefits of research in improvement of enforcement and regulation laws?

A: Regulation is a set of regulations imposed by the government on private businesses and individuals…

Q: what might as rational profit-maximizing firm motivate them instead of profit

A: In economics, the firms are private agencies so they are concerned with their own welfare. A firm is…

Q: What are the similarities and differences in the process for firms obtaining a social licence to…

A: What Does a Social License to Operate (SLO) Entail?The social license to operate (SLO), or social…

Q: Do you think price discrimination a socially acceptable or unacceptable practice and why?

A: Price discrimination could be a promoting approach during which a trafficker charges varied costs…

Q: Explain the estimated and economic impacts that labelling country of origin products has on…

A: As per customer labelling theory and applications, compulsory packaged food labelling is suitable…

Q: Would it be ethical if Facebook profited from selling your and others' personal information to…

A: Ethical issues in the business refer to the decisions of business affecting the moral standards of…

Q: Think of a situation where tier pricing was used very effectively. What was the mechanism used and…

A: Tier Pricing method- This is a pricing method where by the producer resorts to differential pricing…

Q: Analyze Monopoly market structure

A: We show the Monopoly is a single retailer market and  it has a hundred percent share of all market…

Q: Define technology difusion in short.

A: Technology diffusion means the adoption of technology, innovations and new techniques by masses.

Q: What acts are considered as a violations of the Intellectual Property Code?

A: Violations of protected innovation can be an enormous worry for a business because of the way that…

Q: Definition of Economic Theory of Government Regulation

A: Economic theory: It refers to the plans and policies that help the economy to grow. It is the theory…

Q: A four-firm concentration ratio measures what?

A: Concentration ratio is an important concept in the theory of industrial organisation. Concentration…

Q: What Is Overcoming the Barriers to Supplier Development?

A: Only One Company BenefitsUnless one side has enough influence to easily impose an answer on the…

Q: Airline industry. It’s not the biggest carrier, but there are significant barriers to entry enabling…

A: Market refers to a place where buyers and sellers intersect each other where a producer sells their…

Q: Explain the above graph in details (Market signalling) Signalling Model Of Education

A: The problem of asymmetric information arises in a market when one party to a transaction possesses…