Examlex
"Improving the company's cash flow" is a good example of an effective objective.
Payoff Matrix
A table that displays the potential outcomes or payoffs for different strategies in a strategic setting, such as a game or competitive scenario.
Oligopoly Market
A market structure characterized by a small number of firms whose decisions about price and output can significantly impact competitors.
Competitors
Companies or individuals that engage in rivalry to offer goods or services in the same market, trying to achieve greater sales or market share.
Dominant Firm
Firm with a large share of total sales that sets price to maximize profits, taking into account the supply response of smaller firms.
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