Which of the Following Occurs When Competitors Making the Same

question 26

Multiple Choice

Which of the following occurs when competitors making the same product jointly determine what price each will charge customers for the item?

• A) horizontal price-fixing
• B) vertical price-fixing
• C) predatory pricing
• D) internal reference pricing
• E) assimilation pricing

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Definitions:

External Rewards

Benefits or incentives provided by an external source, such as money, grades, or praise, which motivate behavior.

Organizational Morale

The overall mood, attitude, and satisfaction of members within a company or organization, often influencing productivity and cohesion.

Bureaucratic Structure

An organizational framework structured on hierarchy and defined, formal roles and responsibilities, emphasizing a clear division of labor and standardized procedures.

Commonality of Goals

The shared objectives or aims among members of a group or team, which often drive collaborative efforts and teamwork.