Which of the Following Conduct by Two Competitors (A and B)who

question 4

Multiple Choice

Which of the following conduct by two competitors (A and B) who control a large share of their market would probably be regarded as illegal anti- competitive arrangements under s 45 of the Competition and Consumer Act?

• A)An 'understanding' between A and B that they will not compete on prices.
• B)A provides very bad services to customers who were previously with B so the customers will be motivated to return to B.
• C)After A and B discuss the quotes they will submit for a major tender project they submit identical quotes.
• D)All of the above.

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Definitions:

Preventive Stress Management

Strategies and practices aimed at identifying and reducing stressors in the workplace to improve employee well-being.

Stress

The unconscious preparation to fight or flee that a person experiences when faced with any demand.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Distress

Negative stress that results from adverse situations or challenges, causing anxiety or discomfort.