Jul 25, 2010

Monopoly of Indian Railways

Monopoly of Indian Railways is a good Management case Study and students can use it for their reference and study.Indian Railways (IR) is the state-owned railway company of India. Indian Railways had, until very recently, a monopoly on the country’s rail transport You can also Subscribe to FINAL YEAR PROJECT'S by Email for more such Projects and Seminar.In economics, a monopoly (from the Latin word monopolium – Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service. Monopolies are characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods.



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