Tag: competition
What to Expect From a Realistic Career in Finance
As much as you might want to live the glamorous life you see depicted in finance films like “Wolf of Wall Street” and “The...
Kangaroos
DefinitionThe kangaroo is a marsupial from the family Macropodidae. In common use the term is used to describe the largest species from this family,...
Yo-Yo
DefinitionA yo-yo is a toy consisting of an axle connected to two disks, and a string looped around the axle. It has some similarities...
Natural Law
What is 'Natural Law' A set of rules inherent in human behavior and human reasoning that governs human conduct. Natural law is...
Oligopoly
DefinitionAn oligopoly is a market form wherein a market or industry is dominated by a small number of large sellers. Oligopolies can result from...
Oligopsony
What is an oligopsony and what are the effects on sellers
An oligopsony is a market structure in which there are only a few buyers....
Canadian Competition Act
The Competition Act is a federal law that governs competition and business practices in Canada. The act was last amended in 2009, and the...
Imperfect Competition
What is imperfect competition and why does it exist
Imperfect competition is a type of market structure where there are not enough buyers or sellers...
Patent Cliff
DefinitionThe term patent cliff refers to the phenomenon of patent expiration dates and an abrupt drop in sales that follows for a group of...
Vendor
DefinitionIn a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock...