All Cartels and Cartel-Like Behavior Are Illegal in the United

question 12

True/False

All cartels and cartel-like behavior are illegal in the United States.

---

Definitions:

BPM

Business Process Management, involving the modeling, automation, execution, control, measurement, and optimization of business activity flows.

BPI

Business Process Improvement, a systematic approach to help any organization optimize its underlying processes to achieve more efficient results.

BPR

Business Process Reengineering (BPR) involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times, and quality.

Porter's Five Forces

A framework for analyzing an industry's competitiveness and potential profitability through five forces: competitive rivalry, bargaining power of suppliers, bargaining power of buyers, threat of new entrants, and threat of substitute products.