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saw5 [17]
3 years ago
9

Game theory is Group of answer choices The study of price-fixing and collusion. The study of decision making in situations where

strategic interaction occurs between rivals. An explanation of how oligopolists become monopolists. Practiced by perfectly competitive firms.
Business
1 answer:
MAXImum [283]3 years ago
5 0

Answer:

The study of decision making in situations where strategic interaction occurs between rivals.

Explanation:

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Game theory is usually practiced by firms in an oligopoly

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

price setting firms

product differentiation

profit maximisation

high barriers to entry or exit of firms

downward sloping demand curve

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What is one way that an organization could improve its risk management maturity level for process risks such as those related to
irina1246 [14]

The ways by which an organization could improve its risk management are shown below.

<h3>Ways by which an organization could improve its risk management:</h3>

(A) Think broadly about your supply chain -

  • The network of people, businesses, resources (knowledge, public utilities, materials, services, etc.), processes, and technology used to create and market a good or service is known as a supply chain.
  • This definition's broad strokes provide a thorough method for developing a matrix that improves supply chain visibility.

(B) Improve supplier auditing -

  • Consider including significant contract clauses and auditing procedures in important contracts after identifying and prioritizing vital suppliers.

(C) Increase supplier diversity -

  • The pandemic destroyed many minority-, women-, and veteran-owned businesses because they were unable to meet client demand when their supply chains broke down or came to a standstill.

(D) Clean up siloed tech suppliers -

  • Without a doubt, technology is crucial to supply chain management.
  • While having a variety of technology platforms and tools to support your operations is frequently required, purchasing technology in a silo might jeopardize an organization's logistics.

(E) Put supply chain trends in the right context -

  • Although there is no dearth of articles on new supply chain management trends, many could not have predicted the geopolitical environment of today, which includes an invasion in Europe, skyrocketing oil prices, and the onslaught of ransomware attacks that are causing supply chains to break down on a daily basis.

Therefore, the ways by which an organization could improve its risk management are given.

Know more about the supply chain here:

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6 0
2 years ago
"UN accepts Bhutan's graduation
nexus9112 [7]

Answer:

an Evi score of 32 or below

Explanation:

in 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the above

an Evi score of 32 or belowin 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the above

4 0
3 years ago
On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
irinina [24]

Answer:

annual depreciation expense = $6000

so correct option is d. $6,000

Explanation:

given data

machine costing = $40,000

transportation and installation = $1,000

useful life = 6 years

residual value = $5,000

to find out

How much is the annual depreciation expense

solution

we get here first Cost of machine that is

Cost = $40,000 + $1000

cost = $41000

so depreciable base will be here

Depreciable base  = cost - residual value

Depreciable base  = 41000 - 5000

Depreciable base  = $36,000

so annual depreciation expense is

annual depreciation expense = \frac{36000}{6}

annual depreciation expense = $6000

so correct option is d. $6,000

3 0
3 years ago
Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is
mojhsa [17]

Answer:

232

Explanation:

Calculation for what is the exponential smoothing forecast value for the following period

Exponential smoothing forecast value=230 + 0.1 * (250-230)

Exponential smoothing forecast value=230 + 0.1*20

Exponential smoothing forecast value = 232

Therefore the exponential smoothing forecast value for the following period will be 232

3 0
3 years ago
Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
PolarNik [594]
He should lease the car he is not going to need it for a long tme

5 0
3 years ago
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