What Is a Dominant Strategy

question 15

Multiple Choice

What is a dominant strategy?

• A) the strategy that results from collusion in an industry
• B) the strategy that results in the best outcome for all firms in an industry
• C) the optimal strategy that takes into account the actions of opponents
• D) the strategy that is optimal regardless of the actions of other firms

---

Definitions:

Human Resource Specialists

Professionals who are focused on the management of organizational human resources, encompassing recruitment, training, employee relations, and benefits administration.

Role

is the function or part played by a person or thing in a particular situation or context.

Various Capacities

The different roles, functions, or positions that an entity or individual can hold or perform.

Early Retirement

The act of leaving one's professional career or job before the traditional retirement age, often due to personal choice or organizational incentives.