What Are Good Topics For Compare And Contrast Essay?

What Are Good Topics For Compare And Contrast Essay?What are good topics for compare and contrast essay? It depends on how you look at it. A resume writing process, while certainly challenging, is not without a purpose.Two people with the same traits and abilities can interact with each other in two different settings or environments. If you were to examine each of them as individuals, you would find they shared many characteristics but most of them were incompatible. How would a secretary and a field engineer to have a productive interaction?The resume's task is to reveal how these two people come from an idea to execution and how the ideas were applied. The combination of attributes present in both men or women would be termed as common characteristics. And when it comes to being a common characteristic, you can't find anything more important than people.When hiring for a job, you need to decide where they will fit and interact. The resume for a job applicant could be as basic as a contrast essay, a list of things to remember, or as sophisticated as an in depth discussion on concepts, strategies, goals, and general strengths and weaknesses.How do you see a resume for a candidate who considers themselves different? They may think that they have their common characteristics that can make them great employees or workers. Perhaps they will think about those things they're similar to others and there are some who aren't, but most of all think that they have a disadvantage that can help others from getting jobs.It's certainly not easy to discover the common characteristics for all people, especially those that do not really exist. But if you look at a resume as a mirror, you can reflect the backside of someone. It's impossible to be completely accurate, but you can get a rough idea by seeing how they came across. Or, you could try giving them an assignment of one of the two and see what they do.We've just described what are good topics for compare and contrast essa y for a resume for an employee. The skills and qualities are what count the most.

Computer Virus And Its Effect On The Computer - 2535 Words

1. Introduction Today, the term ‘computer virus’ is definitely not unfamiliar to most people. In the early 1980s, people started to gain awareness of Computer virus or Malware. However, it was only in 1987 that computer virus became prominent; especially to those in the press and trade industry. [1] Computer virus has evolved over the years - from the early days of Internet distributed Morris worm to remote access Trojans(RAT). Often not, a personal computer tends to be vulnerable to a virus attack. It was reported that an anti-virus company can receive tens and thousands of sample harmful executables from it users, be it a Trojans or viruses. [4] The harmful executables will infiltrate into your computer system and causes your computer†¦show more content†¦Malware – What is it Malware is a piece of program that is created with intent of causing harm to the receiver. Malware is also known as malicious software, malicious code and malcode. It contains the harmful intent of an attacker; example the attacker wants to hack into the victim computer to cause a Distributed Denial-Of-Service (DDoS). [5] DDoS attacks are classified into major and minor, with major being difficult to create and minor being easy to create. A simple yet concise idea of how DDoS affects the victim is denying the connection to TCP/IP in which the victim will have no access to the internet. Additionally, Malware can be described as a term that is related to Trojans, viruses, spywares, rootkits, malicious mobile code and other intrusive code. [6] Malware is now tied to organized crime around the world, gone are the days of the status hackers. (I don’t understand this part). 3. Types of Malware The types of malware that will be discussed are worms, viruses, Trojans, rootkits, malicious mobile code and adware. a. Worms A worm or computer worm is able to reproduce itself by executing its own set of codes independent from any other codes or program. The main difference between a virus and worm is the worm does not require any host to cause trouble. This means that a worm is able to cause damage to the computer without the attaching itself to any program. [6] The spreading method of both virus and worm is

Accounting Theory Bio Sustainable Feeds

Question: Describe about the Accounting Theory for Bio Sustainable Feeds. Answer: Introduction Bio sustainable Feeds (BSF) Limited is an Australian based company. The company's operation is engaged in the research of sustainable feed products from the last two decades. The company is researching on the feed that is based on the plants and aqua cultural products. It is a bio based industry and thereby invests huge amount of money in the research and development program. The bio research program conducted by the company helps to improve the sustainability of the product. Therefore, it increases value of the company's product and thereby has a positive value towards the society. The company is engaged in the research of various plants and aqua culture feeds. Discussion Nature and value to society of the research being done by BSF Ltd. In the last two decades, Bio Sustainable Feeds (BSF) Limited is engaged in the sustainable bio research programmes. It conducted a research on the products which are plant based feed including corn, sunflower, canola and other related products. The research creates a high value towards the society as it enhances the quality of the product and thus contributes to the development of bio based industries. With the research program, limited production of natural resources is enhanced and thereby the process of biological or natural resources helps in satisfying the consumer's demand at a large. It ensures social and economic benefit to the society through assessing the safety of food products. The consumption of food significantly affects the health of the human beings. It manages to maintain the sustainability of fish based feed and plant based feed (Biomar, 2016). The research conducted by BSF Ltd. entails the concerned issue of natural resources as bio based products. Several uncommon facts have been disclosed through the research of BSF Ltd. and thereby it signifies the understanding of the challenges which are sustainable in nature. The assessment of challenges and issues has been generated while BSF Ltd. is conducting its research. Hence, the research done by the company uses sustainable resources which in turn grows the society's value and therefore, it also adds value to the bio based products. It has promoted the sustainability of bio energy in the economy. With the systematic analysis of the research conducted by the company, environmental and human related issues have been resolved with the rise in its cost (Europa, 2016). Problems with the early researches done by BSF Ltd. There were several issues in the earlier researches done by Bio Sustainable Feeds (BSF) Ltd. The plant based feed research conducted by the company has cost of AUD $ 360 million but, it fails to prosper any significant result. It was also observed that the rate of conversion was not much effective because the plant based fish feed was expected to determine the issues related to the fish based feed which can be easily converted from the value of lower rate to higher rate feed products. But, the rate measured by the company was not actual as expected from the research. These issues are complex in nature and thereby charge of allegation was raised by many environmentalists at the earlier research. According to these environmentalists, food crops create diversion among poor and luxurious food items (europa, 2011). However, the lower value of fish feeds in production benefits the rich people but it also leads to risk for poor people. These risks are related to starvation and even malnutri tion to the poor people. Further, in response to these challenges and issues, Bio Sustainable Feeds (BSF) Ltd. has stated researching about the concept where bacteria can generate fish feeds from the residue of sugar cane, wood chips or the methane gas. The company has taken various measures to minimize their cost and thus develop effective research on plant based and aquaculture feeds. The manufacturer of the fish feeds are not allowed to promote sustainability as it does not enhance the profitability of the aquaculture industry. The intrinsic and extrinsic values of the earlier research were not profitable for the bio based industries (Titchener-Hooker Wilson, 2016). Significance of Research and Development The research and development program enhances the knowledge and thereby determines different aspects related to the issues or problems. The research and development program influences the considerable amount of the empirical research on the innovation and product development. It generates ideas and accumulation of skill and current knowledge level among the producer of products and services. The quality of manufactured product accelerates with the development of the new product. The research and development (R D) program plays a significant role in the development of human capital and technical advances. The activity of the research and development increases along with the market awareness. It examines the availability of nature and magnitude of the dependent assumptions which in turn support the findings of related concern (Jankowski Tassey, 2005). The research and development indicates the efficiency and effectiveness of economic solution to the environmental and social problems. It also fosters growth and development in the business activities and optimum utilization of scarce resources. Many business sector investment activities largely focus on the development as they basically concentrates on the incremental support rather than on the transformative support (NSF, 2012). However, research and development involves huge cost but in return it maximizes wealth for the company's activity. The success of the company largely depends upon the global ideas and the innovativeness which can be generated through the process of research and development strategy. By following the process of research and development, a company can enhance its productivity and thereby also improve its strategic management approaches (Barge-Gil Lpez, 2013). There are numerous advantages of implementing the program of research and development (R D). In addition, it contributes towards the vital role in the creation and propagation of the existing knowledge and thereby satisfies the comp any's long term objectives within the industry (Khan, 2015). In today's economic situation, most of the companies are engaged in the research and development program as it leads to profitability through enhancing quality of the products and bringing innovativeness in the existing production and development strategy. It aims to establish new techniques and knowledge for the further economic and social growth to the company. The application of research and development designs the production plan for the new improved material and products and technical devices. However, the research of any related product does not directly increase the benefits for economic development. Whereas, the development leads to clearly identify the viability of the product in the market. The development phase of the product refers to the implementation of the intended and new product with the creativity and enhanced knowledge. Moreover, research and development in the companies often raises increased amount of capital which in turn becomes a part of strategic alliance in the product development and innovation. The expenses on the research and development helps to maximize benefit at the later stage of new product implementation as it attracts many consumers with the advancement in technology. It improves the sustainability of the product and thus, also leads to add value towards the society and economic growth as a whole (ACCA Global, 2016). Fair market value patent The patent value system is one of the major leading tools for avoiding any misuse of the new research and inventions of the product (Hall et al., 2004). It is a critical analysis of productivity gain and thereby has a greater impact on the company's activity. Every organization seeks to acquire new opportunities for the development of the product. Therefore, the market value of the patent should be fair in nature (Appraisal Economics, 2016). There are various approaches to calculate patent value including market, income and cost approaches (Pitkethly, 1997). Calculation of Fair Market Patent Scenario 1 2013 2014 2015 2016 2017 2018 Grant received 500 BSF costs incurred -170 -170 -160 -100 -100 Expected Market Value 700 NET CASH FLOWS 500 -170 -170 540 -100 -100 Discount rate 8% Fair Market Value (Present Value) AUD 579.18 Scenario 2 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Grant received 500 BSF costs incurred -170 -170 -160 -100 -100 Expected Market Value 200 200 200 200 200 200 200 200 200 200 NET CASH FLOWS 500 -170 -170 -160 -100 -100 200 200 200 200 200 200 200 200 200 200 Discount rate 8% Fair Market Value (Present Value) AUD 779.28 Assumption of the patent valuation The expected growth, discount rate and economic life of asset of the BSF Ltd. Is likely to be change in the next coming years. The patent market value measures all the legal and economic existence (Abrams Akcigit, 2013). Journal Entries for the Research and Development Transactions Date Particulars AUD $ AUD $ 2012-13 Grant from Commonwealth Scientific and Industrial Research Organization (CSIRO) A/c To Bio Sustainable Feeds (BSF) LTD. Dr. 500 million 500 million 2012-13 Expenses on Alternative Aquaculture Feeds A/c To Cash A/c Dr. 100 million 100 million 2013-14 Research A/c To Cash A/c Dr. 500 million 500 million 2014-15 Development A/c To Cash A/c Dr. 200 million 200 million 2015-16 Development A/c To Cash A/c Dr. 200 million 200 million (The Office of the Australian Accounting Standards Board, 2008) How reasonable is the assertion The management of Bio Sustainable Feeds (BSF) Ltd. has stated that the values of the patent were likely to be established from the company with having a limited control more than the technology of bacteria based feeds. This claim was reasonable as the earlier researches conducted by the BSF Ltd. were thrive to fail. Therefore, concerning with the issues and problems related to the research, company has developed the innovative method of researching which defines the use of bacteria to create the fish feeds. In the earlier researches, conversion rate was not actually measured which in turn leads to the loss of cost to the company (biomar, 2016). The increased risk of the health issues is growing rapidly with the multiple challenging problems. Although, the production of fish feeds through bacteria facilitates certain success at the Bio Sustainable Feeds (BSF) Limited and thereby it also reduces costs in the development of the feeds product within a market. Thus, in the recent research es it has been observed that bacteria based feeds increases the efficiency for the natural and environmental issues of fish feeds (Flint Garner, 2009). Conclusion This report includes all the major concepts related to the research and development and thereby also includes the valuation of patent. BSF Ltd. is an Australian based company that engages itself in the research of bio based products. The earlier researches of the company are likely to be failed, therefore in response to these issues BSF Ltd. has started researching the utilization of the bacteria based feeds. References Abrams, D.S. Akcigit, U., 2013. Understanding the Link between Patent Value and Citations: Creative Destruction or Defensive Disruption?. ACCA Global, 2016. Research and Development. [Online] Available at: https://www.accaglobal.com/in/en/student/exam-support-resources/fundamentals-exams-study-resources/f7/technical-articles/rd.html [Accessed 21 September 2016]. Appraisal Economics, 2016. Valuation of Patents. [Online] Available at: https://www.appraisaleconomics.com/valuation-of-patents/ [Accessed 21 September 2016]. Barge-Gil, A. Lpez, A., 2013. RD Determinants: Accounting for the Differences between Research and Development. In 35th DRUID Celebration Conference 2013. Barcelona, Spain, 2013. Biomar, 2016. Improving product sustainability. [Online] Available at: https://www.biomar.com/en/BioSustain/About-Biosustain/BioSustain-introduction/ [Accessed 21 September 2016]. biomar, 2016. Sustainability. [Online] Available at: https://www.biomar.com/en/BioMar-UK/Environment/Sustainability/ [Accessed 2016]. europa, 2011. Sustainable food consumption and production in a resource-constrained world. Europa, 2016. Food Security, Sustainable Agriculture and Forestry, Marine, Maritime and Inland Water Research and the Bioeconomy. [Online] Available at: https://ec.europa.eu/programmes/horizon2020/en/h2020-section/food-security-sustainable-agriculture-and-forestry-marine-maritime-and-inland-water [Accessed 20 September 2016]. Flint, J.F. Garner, M.R., 2009. Feeding beneficial bacteria: A natural solution for increasing efficiency and decreasing pathogens in animal agriculture. The Journal of Applied Poultry Research, 18(2), pp.367-78. [Accessed 2016]. Hall, B.H., Jaffe, A. Trajtenberg, M., 2004. Market value and patent citations. Jankowski, J. Tassey, G., 2005. Measuring Service-Sector Research and Development. Khan, J., 2015. The Role of Research and Development in Economic Growth: A Review. Journal of Economics Bibliography, 2(3), pp.128-33. [Accessed 2016]. NSF, 2012. Research Development, Innovation and the Science and Engineering Workforce. Pitkethly, R., 1997. The Valuation of Patents. The Office of the Australian Accounting Standards Board, 2008. Initial Accounting for Internally Generated Intangible Assets. Titchener-Hooker, N. Wilson, D.I., 2016. Optimal Control of Heat and Mass Transfer in Food and Bio Products Processing. European Federation of Chemical Engineering, 18, pp.699-705. [Accessed 2016].

WWII (794 words) Essay Example For Students

WWII (794 words) Essay WWIIWar is one of the most tragic things in our world today. It is even sadder that usually it comes around at least once in our lifetime. In the 20th century alone we have already had two huge wars. These wars were call the World Wars simply because they involved most of the big countries of the world. Many people have died in these wars.. especially the second World War. That is my focus for this essay. The leader of Germany at the time of WW2 and the person who most think started WW2 was a man named Adolf Hitler. Adolf Hitler was born in Austria. By the time that World War 1 started in 1914, he was living in Germany. We will write a custom essay on WWII (794 words) specifically for you for only $16.38 $13.9/page Order now He served well in the German Army and for that he earned a medal for bravery. At the end of the war Hitler decided to take up politics. By 1921 he was already the founding leader of the Nazi party. Hitler was an incredibly racist man and he had a great hate for Jews. By 1933, Hitler gained political power by winning the election. Soon after he made himself absolute dictator, calling himself the Fuhrer which means Leader. By the end of the 30s he was already sending Jews off too concentration camps to meet a horrible death. I believe that Hitler was one of the greatest causes of World War 2. Although there are many other reasons, he was definitely one of them. Another reason was the Treaty of Versailles. This was the treaty that was signed at the end of World War 1. This treaty outlined the rules that Germany must follow because of their defeat by Britain and France. Many Germans were angered by the treaty, for most of the rules in the treaty were unfair and Germany lost a great amount of wealth. One of the cruelest reasons for the war was Hitlers racist hate for Jews. He would send them off in cattle cars to places called concentration camps were they would be slaughtered by the thousands. World War 2 was huge and involved a lot of countries. There were thousands of battlefronts and warsites. The two main battlefronts were the battle front between Britain and Germany and the battlefront between the Japanese and the Americans. These battlefronts were split up into smaller battlefronts even still. Many lives were lost in the air, on land and in the sea. Some of the most notable battles were: The Battle of Britain, The Battle of Midway and The Battle of the Atlantic.Since the US and Canada were at war with the Japanese, Japanese Canadians were treated very poorly. The government had decided that all or most Japanese Canadians, even if they were born in Canada had either go home or go and live in one of the camps. These camps were made to keep all the Japanese Canadians together in one location. But the fact was that these camps were very dirty and not fair treatment. Also, the government took away all Japanese possessions and without the Japanese knowing, they were auctioned off at a fraction of their original value! This treatment went on for all of World War 2 and Japanese Canadians were not treaty fairly for many years after. Just recently the government of Canada has decided to pay compensation for their losses but most agree that it doesnt even come close to what they lost. One of the greatest outcomes of the war was the great world power shift. For more than a century Great Britain had been the wealthiest and most powerful nation in the world. But they used up too many resources in the wars and their status greatly decreased. One person even wrote that it is not Great Britain any more.. .u0070a68a70aa2ce4ff78283701355a14 , .u0070a68a70aa2ce4ff78283701355a14 .postImageUrl , .u0070a68a70aa2ce4ff78283701355a14 .centered-text-area { min-height: 80px; position: relative; } .u0070a68a70aa2ce4ff78283701355a14 , .u0070a68a70aa2ce4ff78283701355a14:hover , .u0070a68a70aa2ce4ff78283701355a14:visited , .u0070a68a70aa2ce4ff78283701355a14:active { border:0!important; } .u0070a68a70aa2ce4ff78283701355a14 .clearfix:after { content: ""; display: table; clear: both; } .u0070a68a70aa2ce4ff78283701355a14 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u0070a68a70aa2ce4ff78283701355a14:active , .u0070a68a70aa2ce4ff78283701355a14:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u0070a68a70aa2ce4ff78283701355a14 .centered-text-area { width: 100%; position: relative ; } .u0070a68a70aa2ce4ff78283701355a14 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u0070a68a70aa2ce4ff78283701355a14 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u0070a68a70aa2ce4ff78283701355a14 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0070a68a70aa2ce4ff78283701355a14:hover .ctaButton { background-color: #34495E!important; } .u0070a68a70aa2ce4ff78283701355a14 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u0070a68a70aa2ce4ff78283701355a14 .u0070a68a70aa2ce4ff78283701355a14-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0070a68a70aa2ce4ff78283701355a14:after { content: ""; display: block; clear: both; } READ: Lazzaro Spallanzani Essay. it is just Britain. People all over the world suffered through this war. Hundreds of thousands of people died. All for the sake of their countries. And you know what? No one actually gained anything from it. The fact is that all of the countries (excluding the US) lost much, much more than what they gained. Britain lost their power, France lost lives and land, Germany lost everything and Japan lost thousands of civilians in their suicidal attacks called Kamikazes. In my opinion the war was a total waste. Although some people will tell you that we fought and gained the peace that we have today and have had for almost fifty years. People fought for 5 years and lost more than 50 billion dollars. Do think it was worth it? Now, maybe if governments use the past as a guide to the future we wont have to fight such a bloody battle ever again. Especially with nuclear weapons so easily obtainable.

Auditors Report Essays

Auditors Report Essays Auditors Report Essay Auditors Report Essay PSA 700 (Redrafted) Illustration 1: Circumstances include the following: Audit of a complete set of financial statements. The financial statements are prepared for a general purpose by management of the entity in accordance with PFRS. The terms of the audit engagement reflect description managementâ„ ¢s responsibility for the financial statements in PSA 210 (Redrafted). In addition to the audit of the financial statements, the auditor has other reporting responsibilities required under local law. INDEPENDENT AUDITORâ„ ¢S REPORT [Appropriate Addressee] Report on the Financial Statements We have audited the accompanying financial statements of ABC Company, which comprise the balance sheet as at December 31, 20X1, and the income statement, statement of changes in equity and cash flow statement for the year then ended, and a summary of significant accounting policies and other explanatory information. Managementâ„ ¢s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standards; this includes the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditorâ„ ¢s Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Philippine Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditorâ„ ¢s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entityâ„ ¢s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entityâ„ ¢s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of ABC Company as at December 31, 20X1, and (of) its financial performance and its cash flows for the year then ended in accordance with Philippine Financial Reporting Standards. Report on Other Legal and Regulatory Requirements [Form and content of this section of the auditorâ„ ¢s report will vary depending on the nature of the auditorâ„ ¢s other reporting responsibilities.] [Auditorâ„ ¢s signature] [Date of the auditorâ„ ¢s report] [Auditorâ„ ¢s address]

Personal Philosophy of Life Essay Example | Topics and Well Written Essays - 2000 words

Personal Philosophy of Life - Essay Example Talking about true wisdom as the final destination to reach, what is actually true wisdom? For me, I believe that true wisdom is the ultimate knowledge which stays in perfect balance with the basic moral principle. Knowledge without morality is not wisdom, just cold ignorance. Is a man who knows how to destroy the world wise? He is, only if he chooses not to use that knowledge. Morality without knowledge is not wisdom either but blind foolishness. In a war or in wilderness, is a man who doesn’t want to kill wise? Unless he knows how to survive without killing, he is a dead man not a wise one. My ideal true wisdom might seem to be distant destination which can never be attainable. However, in a lesser degree, true wisdom is achievable in daily life. The first main point of the wisdom is balance. Thus, as long as the knowledge that we acquire and apply lies in harmony with the moral principle we value, we attain the lesser true wisdom†¦ for the time being. The next main point is progress. Once we stop trying to reach the ultimate true wisdom, the lesser wisdom we have will quickly fade away. To keep in direct contact with true wisdom, we need to gain more and more knowledge while basic moral values take the role as the safety measurement. Putting it in more systematical order, here are some steps we need to do to keep the wisdom within our grasp. First, we need to honestly realize what we don’t know. After that, we should allow our mind open to new ideas. Then, filtering these ideas using logic and moral principle should be our immediate task. Any idea which is not in harmony with the moral values we believe in should be stored away or even discarded from our mind. Finally, we need to put the acceptable knowledge into practice. If this new knowledge works well without significant ethical conflict, we should apply it either for personal gain or society’s benefit. Well, the path of wisdom does not end here though. We need to keep repeating the

Referencing Skills and Ethics Essay Example | Topics and Well Written Essays - 1250 words

Referencing Skills and Ethics - Essay Example Sloman(2010) has pointed out that "Oligopoly occurs when just a few firms between them share a large proportion of industry"(Sloman, 2010, p.135). It is evident from the above definitions that in oligopoly market conditions, the firms are interdependent and hence the decisions taken by one firm about the price and output of their product may affect other firms in the oligopoly setup. OPEC (Organization of Petroleum Exporting Countries) is one best example for oligopoly. On the other hand, monopoly is a market condition in which a person or an enterprise has sufficient control over a particular market, service or product. For example Microsoft has immense control over the operating system market all over the world and they control around 90% of the OS market worldwide. In other words they have monopolized the OS market and they can determine the price of their product without considering the factors like competition. This paper briefly compares oligopoly with monopoly Firstly, an oligopoly maximizes profits by producing where marginal revenue equals marginal costs (Ison and Wall, 2007, p.150). Moreover, Riley (2006) has mentioned that barriers to entry are high in oligopoly market and â€Å"the dominant firms in the long run would maintain supernormal profits† (Riley, 2006). It is possible for small firms to operate in the proximity of the oligopolistic market, but none of them would be able to make any impacts on the market price and output. On the other hand, in a monopolistic market, it is impossible for small firms to operate because of the total supremacy of the monopolistic firm in the market. Consider the case of Microsoft. No other firms, big or small, so far able to compete with Microsoft because of the absolute monopoly enjoying by Microsoft. Negbennebor & Willis (2001) has pointed out that â€Å"there are many barriers to entry in oligopoly market such as economies of scale, patents, access to