One Way DeBeers Managed to Maintain Control Over the Diamond

question 89

Multiple Choice

One way DeBeers managed to maintain control over the diamond industry was to:

• A)continue to be the sole diamond producer by buying all existing diamonds.
• B)create the illusion of no close substitutes through marketing.
• C)punish consumers who sought to store their wealth in diamonds.
• D)All of these statements are true.

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Definitions:

Discriminated

Treated differently or unjustly on the basis of characteristics such as race, age, gender, or disability.

Clinical Practice

The practice of assessing and treating patients in a healthcare setting, involving both the diagnosis and management of diseases and conditions.

Pluralistic

Characterized by a diversity of views and stands; in the context of society, it refers to the coexistence of different opinions, beliefs, and practices.

Diverse Ways

Varied or different methods, approaches, or manners in which something can be done or thought about.