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nexus9112 [7]
3 years ago
15

If a company has been found guilty of using _______________________________________, it means it reduced prices below cost in or

der to drive competitors out of the market, and then increased prices once competitors had left the market.
Business
1 answer:
lyudmila [28]3 years ago
8 0

Answer: Predatory pricing

                         

Explanation: In simple words, predatory pricing refers to the pricing strategy under which an organisation tries to create a certain level of monopoly by reducing their prices with the objective of demolishing competitors.

Such kind of pricing is generally seen in monopolistic competition where the products offered by competitors are close substitutes. Wall mart is one of the prime examples of an entity using such strategy.

   Firms practicing this strategy usually have strong funds and are capable of operating business for a specified period at lower profits.

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Which best describes the purpose of using cost-benefit analysis?
IrinaVladis [17]

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Make decisions that maximize benefits

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A system through which public employees are selected for government jobs through competitive examinations and systematic evaluat
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Merit employment system is a personal system under which public employees are selected for government jobs through competitive examinations and the systematic evaluation of job performance.

<h3>What is merit employment system?</h3>

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The concepts of the Federal Government's merit system are frequently understood as being created to guarantee fair and open hiring, competition, and employment processes devoid of political interference or other non merit elements. The deregulation of performance reviews and rewards has given agencies the power and latitude they need to manage performance well. Nevertheless, enhanced accountability is a side effect of delegating, deregulation, and simplification. The values of the merit system serve as a foundation for moral conduct and are essential to mission accomplishment.

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