An Organizational Chart Indicates The

question 105

Multiple Choice

An organizational chart indicates the:

• A) informal patterns of communication between people.
• B) interrelationships with external business partners.
• C) formal patterns of communication, who talks to whom.
• D) communication style of the organization.

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Definitions:

Dominant-Strategy Equilibrium

A situation in game theory where one strategy is better than others, regardless of what any other player chooses.

Dominant-Strategy Equilibrium

A state in a strategic game where each player's best strategy is independent of the strategies chosen by other players, resulting in a stable outcome no matter what the others do.

Tacit Collusion

A form of collusion that occurs without explicit agreement, where firms indirectly coordinate actions by understanding mutual interests.

Overt Collusion

An explicit agreement among competitors to fix prices, allocate markets, or limit production, which is illegal in many jurisdictions.