How do the large companies manipulate the market?explain with example for 5 marks?
Answers
Answer:
1). Large businesses
can influence the marketplaces by means
of excessive means of advertisements. (2). They even acquisition out small corporations
or make latter work with them so they do not have any competition who
manufactures the same goods. (3). They even criticize other corporations saying
that their products is better than the rest. (4). Large corporations also trade
their products at lesser price so that public get used to their products.
Explanation:
Answer:
Large corporations also trade their products at lesser price so that public get used to their products. Big companies can manipulate the market by using the unwanted advertisements and which are often misleading. They also buy the smaller companies who make the similar products in order to have no or less competition.