Which of the Following Is Not Part of an Oligopolist's

question 155

Multiple Choice

Which of the following is not part of an oligopolist's business strategy?

• A)deciding on how to manage relations with suppliers
• B)choosing what new technologies to adopt
• C)selecting which new markets to enter
• D)independently setting a product's price without consideration of its rivals' pricing policies

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Definitions:

Planning Budget

A budget prepared for a specific level of activity, used as a tool for decision making and planning.

Net Operating Income

A company's income after operating expenses are subtracted but before deducting interest and taxes, reflecting the profitability from core operations.

Planning Budget

A budget created for a specific level of activity, it helps in planning and controlling costs based on projected operational activities.

Net Operating Income

The profit a company makes from its normal business operations, calculated by subtracting operating expenses from operating revenues.