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Explain how interdependence and uncertainty affect the behaviour of firms in oligopolistic markets?
In oligopolistic markets, firms are highly interdependent, meaning that the actions of one firm significantly influence the decisions of others, such as pricing and output levels. This interdependence leads to strategic behavior, as firms often anticipate their rivals' responses to their actions. Uncertainty about competitors' actions and market conditions can further complicate decision-making, prompting firms to adopt cautious strategies like price rigidity or collusion to mitigate risks. Consequently, firms may prioritize long-term stability over short-term profits, resulting in less aggressive competition.
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Which of the following best explain why the media industry is characterized by an oligopolistic market structure?
centralization of ownership has led to an industry controlled by a few large companies. apex :)
How does cardinal utility approach explain consumer behaviour?
When we can not measure in terms of money but we can measure of lavel of satisfaction then it is called cardinal approach
Explain What effects trade barriers have on global interdependence?
Trade barriers, such as tariffs and quotas, can significantly reduce global interdependence by limiting the flow of goods and services between countries. They can lead to higher prices for consumers, decreased market access for exporters, and reduced competition, ultimately hindering economic growth. By isolating domestic markets, trade barriers can encourage protectionist sentiments and undermine international cooperation. This can result in a fragmented global economy, where countries become less reliant on each other for resources and goods.
Would you characterize the conditions surrounding NASCAR as conditions of certainty risk or uncertainty Please explain your choice?
Overall, NASCAR is an uncertainty risk as a business model. If there is a great driver, a good car, and the fates choose to smile down, the owner will win tons of money in advertising, and stay comfortably in the black. However, if conditions, some beyond the owner's control, go in the opposite direction, the business will fail, and the owner will sustain a loss. All in all, sports or competition businesses are always a risk.
How do you explain the law of variable proportion?
Explain the Law of Variable Propotion
Define organizational behaviour and explain how it is used in the organizational setting?
define organizational behaviour and explain how it is used in the organizational setting
At what reasons quantum physics was uncertainty explain briefly?
The reasons behind uncertainty when it comes to quantum physics can be summed in one word - fragmentation
What is something that is used to explain certain behaviour?
Mo... Is a word used to describe certain behaviour
Explain characteristics of different types of organsational structures in management function and behaviour?
Answers for explain the different characteristics a business
Which of the following best explain why the media industry is characterized by an oligopolistic market structure?
centralization of ownership has led to an industry controlled by a few large companies. apex :)
What is organisational consumer behavior in marketing?
explain the importance of consumer behaviour in marketing view?
Explain uncertainty of post-world War 1 society?
Following World War I, there was a lot of uncertainty in the world. Namely, people were unsure if the Treaty of Versailles would keep the international peace.
What are the cognitive determinants of behavior?
Explain the cognitive determinant of behaviour and relect it to hte concept of individual differences
How do you explain the continued prevalence of unethical behaviour within business?
US$....speaks louder than ethical issues.
Does allelomimetic behavior refers to defense together?
allelomimetic behaviour is a widely used term to explain a vast and related terminology to explain a unified behaviour of more than one organisms in a society,acting cooperatively. THIS IS UNDER A RESEARCH BY VINNI RESERCH LAB PAKISTAN always_ever_green119@yahoo.com(for further information)
Solved aper of assignment of ms-9 MBA of ignou?
why is decision making under uncertainty necessarily subjective? explain gving examples.
What is the need to study post purchase behaviour of consumers. Explain its implication for the marketers of consumer durables?
This is a statement and clearly for school.
