Price fixing by business is not generally viewed

Assignment Help Operation Management

Reference no: EM132252364

"Price fixing by business is not generally viewed as an acceptable or desirable practice (in domestic markets). When governments enter the field of price administration, they presume to do it for the general welfare in an effort to lessen the effects of 'destructive competition' in a particular market." Is this type of government activity desirable? Is government price administration beneficial? Explain.

Reference no: EM132252364

Questions Cloud

Contrast instructional design and instructional technology : Compare and contrast Instructional Design and Instructional Technology

Cost of running an advertisement during the super bowl : Does your research indicate the cost of running a 30 second advertisement? What is the cost of running an advertisement during the Super Bowl?

Primary causes and consequences of stress in organizations : What are the primary causes and consequences of stress in organizations?

Regardless of the strategic factors involved : "Regardless of the strategic factors involved and the company's pricing orientation, every price must be set with cost considerations in mind."

Price fixing by business is not generally viewed : "Price fixing by business is not generally viewed as an acceptable or desirable practice (in domestic markets).

Related sciences of job design and work measurement : Identify one of the historical researchers who have been instrumental in advancing the related sciences of Job Design and Work Measurement.

Most of the resources are employed for project execution : The project monitoring and controlling phase is where most of the resources are employed for project execution,

Part of six sigma initiative–metropolitan bus company : What types of defects or errors might the following organizations measure and improve as part of a Six Sigma initiative – Metropolitan Bus company

Develop quality management plan : Employee turnover and the expansion of the business in the southern states has led to Suburban Homes developing a centralized quality management team.

User Account

All Pages