If You Have No Working Relationship with Your Audience, You

question 88

True/False

If you have no working relationship with your audience, you have only a few minutes to convince them that what you have to say is worth listening to.

---

Definitions:

Strategic Behavior

Actions taken by firms or individuals that consider the anticipated reactions or responses of other firms or individuals.

Collusive Oligopoly

A market situation where a small number of firms agree, explicitly or implicitly, to control prices, market share, or other competitive dimensions, reducing or eliminating competition.

Contestable Market Model

An economic concept that describes a market with free entry and exit, where a company's prices and output levels are constrained by the threat of potential competition.

Price-Leadership Model

A market strategy where a leading firm sets prices that other firms in the industry then follow, influencing the pricing practices across the market.