Examlex
Which of the following is a business task?
Game Theory
A theoretical framework for conceiving social situations among competing players and analyzing strategies in situations of conflict and cooperation.
Collude
To cooperate with others secretly or unlawfully to deceive or gain an unfair advantage, often in a way that is deceitful or fraudulent.
Cartels
Organizations or associations formed by businesses in the same industry to regulate production, fix prices, or otherwise control and limit competition.
OPEC
The Organization of Petroleum Exporting Countries, an intergovernmental organization focused on coordinating and unifying petroleum policies among its member countries to secure fair and stable prices for petroleum producers.
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