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How does the prisoner's dilemma help us understand the behaviour of oligopoly firms?
Flattened Management Hierarchies
This term refers to organizational structures with fewer levels of middle management, promoting faster decision-making and closer communication among employees.
Ethics
A set of moral principles that govern the behavior of individuals and organizations.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Actively Listening
The process of fully concentrating, understanding, responding, and remembering what is being said in a conversation.
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