Examlex
_________ is the part of the labour-management negotiation process that focuses on the conflicting objectives of factions within labour and management.
Barrier to Entry
Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.
Exclusive Rights
Legal rights granted to individuals or firms, limiting others from reproducing, publishing, or selling particular goods or services.
Market Power
The ability of a company or entity to influence the price and production levels in a market.
Monopolists
Entities with exclusive control over the supply of a particular good or service, setting prices and output levels.
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