Tacit Collusion

question 62

Multiple Choice

Tacit collusion

• A)is a form of cooperation that occurs without explicit communication.
• B)is illegal per se in the U.S.
• C)involves strict adherence to quotas.
• D)seems to rare,especially among manufacturers of consumer durables.

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Definitions:

Executive Search Firms

Companies specializing in recruiting high-level executives and professionals for other companies and organizations.

High Turnover

A situation where an organization or industry experiences a high rate of employees leaving and needing to be replaced within a certain period.

Strategic Competitiveness

The ability of an organization to formulate and implement strategies that secure a sustainable competitive advantage in the market.

Threaten

To express intention to cause harm or take adverse action against someone in order to induce them to do or abstain from doing something.