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Adrienne is part of the senior management team at a company in which-since her appointment-both morale and client-satisfaction have dramatically improved. Among her driving principles are the ideas that people work better when they are both motivated and empowered to reach their goals, that each team member must contribute fully, and that when she has to make a key decision, everyone knows why she is making it. She is a useful example of how _______ works.
Price-fixing
An illegal agreement among competitors to set prices at a certain level, rather than competing naturally in the market.
Tying Contracts
Agreements where the sale of one product (the tying product) is conditioned on the buyer purchasing another product (the tied product).
Antitrust Laws
Legislation aimed at preventing anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.
Monetary Award
A financial compensation granted to a party, often as a result of a legal settlement or judgement.
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