Which of the Following Arguments Refutes Carr's Claim That Business

question 73

Multiple Choice

Which of the following arguments refutes Carr's claim that business strategy is analogous to poker strategy?

• A) Because good poker playing often involves concealing information and bluffing or deception,these rules ought to apply to business transactions
• B) If an executive refuses to bluff periodically he or she is probably ignoring opportunities permitted under the "rules" of business
• C) Most games do not legitimize deception,and therefore business should not be analogous to a game that does legitimize deception
• D) Bluffing,exaggeration and concealment are legitimate ways for corporations to maximize their self interest
• E) None of the above arguments refute Carr's claim

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Definitions:

Publicity

Nonpersonal communication transmitted through the mass media but not paid for directly by the firm.

Selective Distribution

A distribution strategy where a company chooses a limited number of retail outlets in specific locations to sell its products, aiming to target specific markets or demographics effectively.

Exclusive Distribution

A distribution strategy where a supplier grants only one dealer or retailer the rights to sell its product within a specific geographical area.