Which Set of Advice Below Should a Manager Disregard When

question 10

Multiple Choice

Which set of advice below should a manager disregard when seeking pricing stability that is least likely to suffer from antitrust legislation?

• A)All pricing decisions should be made unilaterally.Avoid direct contacts with competitors about price
• B)Carefully handle public pricing communications
• C)Always share analyses of probably competitive reactions
• D)Monitor the content.Announce price changes;do not lecture competitors about the need to raise prices or consequences of reducing them
• E)Clear your pricing tactics with an attorney well versed in antitrust law

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Definitions:

Irrational

Describes actions or thoughts that are not based on reason or logical thinking but often on emotions or illogical perceptions.

Public Hysteria

A phenomenon where a large group of people exhibit irrational behavior or beliefs, often fueled by rumors, fear, or a triggering event.

Unethical Polices

Practices or directives within an organization or government that are morally wrong and go against ethical standards.

Sacred Rules

Fundamental principles or commandments considered inviolable and deeply respected within a religious, moral, or cultural context.