Examlex
Facial expressions,body language,and the person presenting a message all play important roles in communication in high-context cultures.
Interlocking Directorates
A situation where the members of a board of directors serve on the boards of multiple corporations, potentially leading to conflicts of interest.
Price-fixing
A form of market manipulation where competitors collude to set prices at a certain level, rather than allowing them to be determined naturally by market forces, which is illegal in many jurisdictions.
Tying Contracts
Agreements where a seller conditions the sale of one product (the tying product) on the buyer's agreement to purchase a separate product (the tied product).
Horizontal Merger
A merger between firms in the same industry operating at the same level of the production process, often aimed at reducing competition and achieving economies of scale.
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