In an oligopoly, why do firms often engage in strategic planning for business decisions?

a. To anticipate and react to competitors' actions
b. To promote price transparency
c. To eliminate product differentiation
d. To achieve allocative efficiency

Question

12-06-2024
Business

Answered

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In an oligopoly, why do firms often engage in strategic planning for business decisions?

a. To anticipate and react to competitors' actions
b. To promote price transparency
c. To eliminate product differentiation
d. To achieve allocative efficiency

Sagot :

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In an oligopoly, why do firms often engage in strategic planning for business decisions? a. To anticipate and react to competitors' actions b. To promote price transparency c. To eliminate product differentiation d. To achieve allocative efficiency

Sagot :

Other Questions

In an oligopoly, why do firms often engage in strategic planning for business decisions?

a. To anticipate and react to competitors' actions
b. To promote price transparency
c. To eliminate product differentiation
d. To achieve allocative efficiency