The Meralco Electric Company is a perfect example of monopoly in the Philippines
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.
The government can create a monopoly when, in doing so, it is in the interest of the public good.
One business would control an entire industry
Yes
priciples of henri fayol's followed by kfc
Tesco is a fine example of a monopoly in the UK
YES
vertical integration
so good..
Petroleum Company
Meralco :)
KFC aka Kentucky Fried Chicken
Yes
its too good for yuo
That is the correct spelling of "monopoly" (control of a good, resource, or service). The capitalized form Monopoly is a board game originally produced by Parker Brothers.