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Traditionally, many public utility companies (such as telephone & electric service providers) have been highly regulated. Thus, they have operated in stable environments, shielded from competition. Deregulation alters the environments of these companies by exposing them to intense competition. Describe the changes that this market evolution will likely have on the affected firm’s: a) marketing strategies, and b) organizational designs.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91235339

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