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:

Knowledge-Driven

Pertains to processes or approaches informed or guided by accumulated knowledge or data.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment, involves integrating sensory experiences with existing knowledge and expectations.

Conjunction of Features

The process in perception involving the integration of multiple stimuli attributes to recognize a pattern.

Visual Search

The process of actively scanning the environment to locate a particular object or feature among other distractors.