ADMS 1010 Lecture Notes - Bargaining Power, Market Power, Imperial Preference
Document Summary
Little bang 1987 (4 pillars) govt didn"t want to manage risk of each diff company so they work into one corporation. The bigger the financial insitutions are the lower the risk b/c they will be able to move risk around (common ownership) Allocated responsibility b/w federal and provincial authorites. Total liabilities no more then 3x assets. Prohibition against extending credit on real property. Main goal was to increase a nations wealth by imposing gov"t regulation. National strength can be maximized by limiting imports with tariffs and max exports. Vertically integrated companies in a supply chain are united through a common owner. Each member of the supply chain produces a different product or service and the product combine to satisfy a common need. One corporation2 or more levels of the supply chain. Seeks to sell a type of product in numerous markets.