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John who is part of the R&D team at Digital World has been a key player in formulating new ideas and strategies.His contribution has resulted in more clients and higher production rates.Of late,John has not been regularly attending team meetings and even if he does,he leaves midway.Which of the following best describes John?
Cutthroat Oligopolist
A firm in an oligopoly market structure that aggressively competes on price, often to the detriment of profit margins.
Prices
The amount of money required to purchase goods or services, determined by factors like supply and demand, production costs, and competition.
Cutthroat Competitor
Refers to businesses or individuals that aggressively compete in the market, often by slashing prices or adopting ruthless strategies to undermine rivals.
Competitive Spectrum
Refers to the range of competition levels within an industry, from perfect competition to complete monopoly.
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