Examlex
The classic examples of natural monopolies over the years have been
Corporate Social Responsibility
A corporate strategy that includes social and environmental considerations into the business's day-to-day operations and their engagement with stakeholders.
Cyclone Blenders
High-speed blending machines that use cyclonic action to pull ingredients towards the blades, ensuring a smooth and efficient blend.
Donates
The act of giving money, goods, or time to a cause, charity, or individual without expecting anything in return.
Conscious Marketing
Emphasizes ethical considerations and the well-being of stakeholders in the marketing process, aiming for sustainable and socially responsible practices.
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Q346: On the cost side of the profit