If a Particular Bank Regularly Announces Changes in Its Interest

question 243

Multiple Choice

If a particular bank regularly announces changes in its interest rate schedules before its competitors, who then set rates very close to those announced by that bank, this could be described as

• A)markup pricing.
• B)predatory pricing.
• C)price leadership.
• D)explicit price collusion.

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Definitions:

Ethics Mindfulness

The practice of being fully aware of the ethical implications of one's actions and decisions in the professional environment.

Social Entrepreneurship

The practice of developing, funding, and implementing solutions to social, cultural, or environmental issues through a business model.

Moral Management

An approach where managers make decisions and lead in ways that are ethical and focused on the well-being of all stakeholders.

Amorally

A way of behaving or making decisions without considering the morality or ethical implications.