Conscious parallelism is seen when ________
A) parties at different levels enter into an agreement to adhere to a price schedule that stabilizes prices
B) one party makes an independent choice not to deal with another
C) two or more firms act the same but no concerted action is shown
D) a party's anticompetitive effects outweigh their procompetitive effects
C
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Customers who make small purchases are usually profitably served with a direct channel system
Indicate whether the statement is true or false
A company’s response to a failure of its customer service is __________.
What will be an ideal response?
A restraint involving collaboration among competitors at the same level in the chain of distribution is:
A) a vertical restraint. B) a horizontal restraint. C) price fixing. D) a trust.
Which of the following is not one of the four basic strategies a company can employ to deal with competitive forces?
A) Strengthen customer and supplier intimacy B) Focus on market niche C) Differentiate products D) Compete on employee loyalty E) Low-cost leadership