Answer:
C. the study of strategy and strategic behavior.
Explanation:
Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.
A popular example of game theory is the prisoners dilemma.
A game theory can involve more than two players.
An example of prisoners dilemma:
There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.
The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.
The Nash equilibrium is for both prisoners to defect.
I hope my answer helps you
Answer: (B) Legal responsibility
Explanation:
The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.
The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.
According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.
Therefore, Option (B) is correct answer.
Answer:
The correct answer to the following question will be "Opportunity".
Explanation:
- A market opportunity to sell or contract any commodity, facility, facilities, etc. that will allow the buyer-licensee to set up a business.
- The licensor of a marketing opportunity usually announces that he or she will protect or support the purchaser in finding a suitable destination or deliver the commodity to the cardholder-licensee.
Therefore, Opportunity is the right answer.
<h3>International trade raises the standard of living in all trading countries.
</h3>
Explanation:
International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.
Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.
