Assume That the World's Largest Smart-Phone Producers (Apple,Nokia,Samsung,etc

question 104

Multiple Choice

Assume that the world's largest smart-phone producers (Apple,Nokia,Samsung,etc.) operate in an oligopolistic industry.In the long run,which of the following is the most important form of competition between these firms?

• A)predatory pricing
• B)tacit collusion
• C)product innovation
• D)brand proliferation
• E)advertising

---

Definitions:

Material Positive Impact

A substantial and beneficial effect on the success, performance, or value of a business, project, or situation.

Articles Of Incorporation

A document filed with a state by the founders of a corporation that outlines its purpose, place of business, and other details of its operations.

Corporate Name

The official legal name of a corporation, under which it conducts business.

Deceptively Similar

Refers to a trademark, branding, or packaging that is so similar to another that it could mislead or confuse consumers.