substitutes and with significant barriers to entry. While it might seem as though the difference between oligopoly and monopoly is clear cut‚ such is not always the case. A comparison between these two market structures is bound to be illuminating. •One or Few: The primary difference between oligopoly and monopoly is that monopoly contains a single seller‚ whereas oligopoly has two or more sellers. Such a difference might seem to provide a clear separation. But not necessarily. •Substitutes:
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the commercial activities between East and West has become one of the major lifeline almost dominated the world economy. Its representation can be attributed to the Japanese and U.S. economic and trade. As is well known‚ the United States is the superpower of the world‚ not only in military but also in economic. Japan is a small country‚ while considering the contribution to the world economic Japan still is a big country. So trade exchanges and business negotiations between these two countries is a
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or want is called Good. 2) Services Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything‚ is called Service. Difference between Goods & Services There are various differences between goods and services but they can be classified on the basis of the following heads: 1) On the basis of Characteristics 2) On the basis of Offering 1) On the basis of Characteristics The
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Ngirwa (2009)‚ defined training as a learning process in which employees acquire knowledge‚ skills‚ experience and attitudes that they need in order to perform their job better for the achievements of their organizational goals. It is the bridge between job requirements and employee present specifications. This
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are very similar in role responsibilities‚ yet have very subtle differences. Both roles are instrumental in building strong teams of employees and compliment each other as they work towards the same goals. While there are many similarities to be defined between the two roles‚ there are a few notable differences which can help to distinguish between a manager and a leader. I feel it is absolutely necessary to highlight these differences to my fellow employees so they understand the importance of my
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Differences Between Employees and Independent Contractors (Source: IRS) By way of providing more clarity to this topic‚ following is the 20 factor test as presented by R. C. Chip Goldsberry‚ Assistant Director of Personnel Services for Compensation and Information Systems at Purdue University‚ in the August‚ 1992 edition of the NACUBO Business Officer‚ a journal published by the National Association of College and University Business Officers (NACUBO): 1. an employee is required to comply with instructions
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Relationship between Private and Public Police Sara Jones CJS/250 December 16‚ 2012 Gregg Hercheck Relationship between Private and Public Police For decades‚ the relationship between private and public police officers has been a topic of debate. Both private and public police officers have the responsibility of providing protection to the public. Even though both have this responsibility‚ the societal views of private and public police remains fuzzy. One view that has remained constant is
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Communication Differences Between the Sexes Through the ages communication between the sexes has been a perplexing subject. It has plagued mankind for centuries‚ but this communication breakdown can be eased if we learn a little bit about the way males communicate verses the way females communicate. Some researchers believe that different styles of communication are developed by nurturing‚ not nature. That communication styles are learned through the way someone has been raised‚ not by how a
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can have it more than once. The differences between a virus and a bacterium are thus: * Bacteria are unicellular‚ Viruses have no cells. * Bacteria have DNA and RNA floating in cytoplasm‚ and a cell wall and membrane. Viruses have DNA or RNA enclosed in a protein coat. * Bacteria have Ribosomes‚ whereas viruses do not. * Bacterial infections are localised‚ yet viruses are systemic. As you can see‚ there are a load of differences between viruses and bacteria‚ however there
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A geopolitical community is a community‚ which is either man-made or surrounded by natural boundaries. It is considered a traditional point of view about communities. Man-made boundaries could be the towns where we live‚ work‚ or go to school. Natural boundaries could be the land formations that separate and isolate groups of people (Maurer & Smith 2008). The geopolitical community I live in is Nassau County‚ Long Island in New York. Nassau County is made up of many suburbs and towns and is located
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