Steve and Jill's Big Journey (BS)
Steve starts a small pretzel stand by himself.
sole proprietorship
Jimmy works long hours in his federal job, but doesn't get very many breaks :( ... This makes Jimmy and his coworkers big mad. So, Jimmy and friends meet with a senator about the issue, and negotiate a way to handle it.
Lobbying
Throughout a city, Mikes cable co. is the sole supplier.
Monopoly
McDonalds and Burger King merge to make more profit.
Horizontal Merger
Steve meets Jill and invites her to run the stand together.
Partnership
Fred's workplace is often unsanitary and many of his coworkers continuously get sick. One day, Fred brought home a bad cough and it scared his hamster Jared, who died instantly from the shock. Fred's coworkers heard of this atrocity and REFUSED to work until their working conditions were better
Strike
Dan and 3 other farmers sell corn at the farmers market. It’s a hot commodity.
Perfect competition
A steel company and an automaking company want to work together
Vertical Merger
Steve dies leaving the business to Jill. Jill then sells the business.
Limited lifespan.
Jeff, a representative of a really awesome labor union, went to a really awesome employer and negotiated for some employees at a company to get paid for working overtime
collective bargaining
Nike and adidas are two large names in the footwear industry, limiting the number of firms in the market.
Barriers to entry
This type of Merger was most dominant in the Third Merger wave.
Conglomerate
Jill then buys stock in the Coca Cola company.
Shareholder
Fred again, fueled by his rage from the loss of his hamster, decided to riot with his coworkers rioted in a not respectful way by blocking the exit for firetrucks in the local fire department until they got what they wanted. So, the government decided to hire a third party to decide on an agreement for the other two parties.
binding arbitration
Market power
This type of corporation that operates globally.
MNL Multinational Corporation
Board members of Coca Cola are waiting for their payment as shareholders after a good year!
Dividends.
After Fred and his rioter friends lost their jobs (uh oh), a mutual friend, Jeff, decided to help them. Jeff decided to go to his awesome employer friend and demanded that he give Fred and his friends jobs, even though not all of them had room to work at the company. (he nicely forced him to accept)
Featherbedding
The soft drink industry is dominated by Coca-Cola and PepsiCo, two “major players”
Oligopoly
In a monopolistic competition this merger is sought to grow their business.
Horizontal