many big ___ stopped operations in the state while some of thr smaller ones closed down completely
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Explanation:
While the strategy is successful in some cases, businesses that end up closing their doors are those that keep the price of a product or service ...
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Many big companies stopped operations in the state while some of the smaller ones closed down completely.
Reasons
- Financing Hurdles
- Inadequate Management
- Ineffective Business Planning
- Marketing Mishaps
Monopolies can be considered an extreme result of free-market capitalism in that absent any restriction or restraints, a single company or group becomes large enough to own all or nearly all of the market for a particular type of product or service. The term monopoly is often used to describe an entity that has total or near-total control of a market.
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