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List Three Techniques That Can Be Used to Ensure That

question 72

Essay

List three techniques that can be used to ensure that a business message is positive.


Definitions:

Cartel

An association of independent businesses or countries that work together to control prices and limit competition within a specific industry.

Price-Fixing Agreement

An illegal arrangement between businesses to set prices at a certain level, typically above market equilibrium, to maximize profits.

Secretly Increasing Sales

The strategy of covertly enhancing a company's sales numbers, possibly through non-transparent marketing tactics or undisclosed discounts.

Collusion

A non-competitive secret or illegal agreement between rivals that attempts to disrupt the market's equilibrium by influencing the market mechanism such as price or output of goods and services.

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