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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Natural Monopoly

Natural Monopoly – High-fix, start-up costs often lead to natural monopoly in industry and markets. Especially if talking of a new industry or being an inventor (lone/sole), of a new product. All of these factors can undermine consumers getting the deals they deserve, higher pricing, gouging etc. A natural monopoly like these are however naturally occurring, almost by default, not orchestrated or designed, usual, expected. It translates into a sort of organic domination and control of a singular company or entity supplying, making and distributing  irreplaceable products, goods or services, with no competitors.  Changes, market manipulating, pricing/costing, setting fees, lack of competition (no substitutes, no competitors), even markets-consolidations all can result in this scenario and circumstance, market dynamic.  Special interests and anti-trust legislation go a long way to curb and manage, track these events and manifestations. Supremacy and control, reconsolidation, redistribution, fair trade counter-act some of these firmly entrenched ‘empires’.

 

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Definition of the Day Corporate Governance Explained

Definition: Corporate governance refers to how well a company's management and board are looking out for shareholders' interests.Advice: As shareholders, investors' should be assured that management and the board are doing the right thing for them.  Companies that do a good job of looking out for shareholders' interests are said...

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