(Scenario: Payoff Matrix for Firms X and Y) Use Scenario: Payoff Matrix for Firms X and Y.If firm Y were to choose its dominant strategy,it would: Scenario: Payoff Matrix for Firms X and Y
The following payoff matrix depicts the profits for the only two firms in this oligopolistic industry. 
Definitions:
Kaizen
A Japanese business philosophy of continuous improvement of working practices, personal efficiency, etc.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making incremental enhancements over time.
Kaizen
A Japanese term meaning "continuous improvement," it's a business philosophy focusing on the ongoing improvement of processes in manufacturing, engineering, and business management.
Keiretsu
A network of interlinked Japanese companies, often bound by cross-shareholdings, collaborating closely for mutual benefit.
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