Which of the Following Refers to Identical Actions That Are

question 97

Multiple Choice

Which of the following refers to identical actions that are taken independently but nearly simultaneously by two or more leading companies in an industry?

• A) conscious parallelism
• B) collusion
• C) restraint of trade
• D) conspiracy

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Definitions:

Positives

Positives refer to the favorable aspects or outcomes associated with a situation, decision, or action.

Negatives

Aspects, characteristics, or factors that are considered undesirable, harmful, or detrimental.

Expectancy Model

A theory that describes the motivational force behind an individual's actions as a function of their expectations about outcomes and the values they place on those outcomes.

Cultures

Shared beliefs, values, norms, and practices that characterize a group of people or an organization, shaping behavior and perceptions.