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Douglas McGregor observed that all managers tend to share common assumptions about employees.
Profit Margins
A financial metric that represents the percentage of revenue that exceeds the costs involved in producing goods or services.
Prisoners' Dilemma
A scenario in game theory showing why two rational individuals might not cooperate even if it's in their best interest to do so.
Collusive Agreement
An arrangement among competing firms to coordinate actions or fix prices, often in secret, to limit competition.
Effective Collusion
Coordinated action taken by competitors to control prices or market conditions in a way that circumvents normal market competition.
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