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Monopoly (1)
MONOPOLY (1)

Definition: [ ~ (in/of/on something) ] (business) The complete control of trade in particular goods or the supply of a particular service; a type of goods or a service that is controlled in this way.
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* All ten elements should be in.

* This is about the (a) control.


1. Purposeful and necessary, whatever the goods or service.

2. Not illegal, unlawful or against an extant law.

3. Quality of goods or service produced, provided or supplied is the best possible by the manufacturer or service provider.

4. Price is affordable and/or most reasonable.

5. Availability or supply is guaranteed, no matter the quantity required. That is, distribution network, if any, is excellent.

6. New entrants will not be barred from line of trade.

7. Lasts for a period of time as determined by the market.

8. Business does not make a loss! That is, complete control achieves objective(s) or serves purpose(s).

9. Effect or impact of absolute control does not negatively damage the environment or ecosystem. Or the economy as a whole.

10. Company with right or privilege fulfils all its legal obligations and performs some corporate social responsibility.
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See perfect GRAVY TRAIN.

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