Examlex
Effective quality management practices include all the following,except:
Foreign Competition
Denotes the competitive pressure that domestic companies face from abroad, affecting markets and industries.
Mutual Interdependence
A situation in oligopoly markets where the actions of one firm significantly impact the others.
Price-output Policies
Government regulations or policies that directly affect the price levels and output quantities in an industry, often to control inflation or stabilize the market.
Pure Monopoly
A market structure characterized by a single seller producing a unique product with no close substitutes and high barriers to entry.
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