Two universities located within 30 miles of each other agree to allocate their customers so as to help them both. The two schools draw a line down a map and each university agrees to accept students only on their side of the line. What type of horizontal cooperative strategy does this represent?
A)?Market division
B)Refusal to deal
C)Reciprocal dealing
D)?Joint venture
A
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Mystic Falls Inc Mystic Falls Inc bottles and sells a popular soft drink. In 2011, the company had expected to sell 1,000,000 bottles but actually bottled and sold 900,000 bottles. The standard direct materials cost for each bottle is $.40 comprised of 10 ounces at a cost of $.04 per ounce. During 2011, 10,000,000 ounces of material were purchased out of which 9,200,000 ounces were used at a cost
of $.05 per ounce. Refer to the Mystic Falls Inc information above. The direct materials usage variance for 2011 was: A) $ 8,000 U. B) $ 8,000 F. C) $40,000 U. D) $40,000 F.
Answer the following statements true (T) or false (F)
1. The philosophy of integrative bargaining is that both parties will be better off if they can capitalize on their common interests in reaching an agreement, rather than focusing on their differences. 2. Unions are under no legal obligation to provide an employer with information that is relevant to negotiations. 3. Integrative bargaining is sometimes referred to as a win-lose bargaining strategy. 4. Because collective bargaining is a mixed motive conflict, it is recommended that the parties engage first in distributive bargaining to see what they can win and then followed this by integrative bargaining for those issues that they are not likely to win. 5. The tendency to assume that negotiations involve only conflicts of interest, it can be characterized as a mythical fixed-pie bias.
The most common type of dispute resolution system in nonunion environments is the ______________________________ which encourages employees who are dissatisfied at work to speak directly to their managers about their concerns and complaints.
Fill in the blank(s) with the appropriate word(s).
A homeowner who refinances her home mortgage may cancel the transaction: A) if the terms of the contract were less favorable than anticipated
B) within three business days. C) only if she was the victim of fraud. D) upon payment of a $1,000 penalty, as required by a Federal Trade Commission rule.