Examlex
The idea that people learn ethical or unethical behavior while interacting with others who are a part of their role-sets is referred to as
Price Leadership
A situation where the largest or most dominant company in an industry sets prices that other companies then follow.
General Electric
An American multinational conglomerate involved in various sectors including energy, aviation, and healthcare.
U.S. Steel
An integrated steel producer with major production operations in the United States and Central Europe.
Administered Prices
Prices that are set by a manufacturer, company, or regulatory body rather than being determined by market supply and demand.
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