Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Answer:
Confidence
Explanation:
For example, if you want to be a good student be confindent because one day you will succeed, Oliver has confindence knowing he can help his empolyees.
Answer:
Information granularities
Explanation:
Information granularities refers to the level of detail used in modelling of situations or straight decision making process.
It also refers to the extent of detail within the information (fine and detailed or coarse & abstract).
