Setting prices below cost, threatening to cut off business with suppliers, and discouraging the purchase of a competitor's products are all examples of ________
A) oligopolistic competition
B) social costs
C) predatory competition
D) acquisitions
E) cultural pollution
C
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Tom was an aviation software specialist. He had worked for GT Inc for 5 years and then decided to start his own company. He gave GT Inc 2 weeks' notice and then quit and started his own competing company
He also took some designs that he had been working on for GT to his new company and contacted many of GT's clients to let them know about his new business. Tom also encouraged 5 of GT's top designer to quit and come and work for Tom. GT was furious and it was unable to find a replacement for Tom for 8 months. GT lost a lot of business as many of its clients switched to Tom's new company. If GT Inc sues Tom most likely a court would rule that A) Tom is liable for wrongful resignation B) Tom is liable for punitive damages C) Tom is liable for 5 years of lost profits of GT Inc. or more D) All of the above E) Tom is not liable for anything as he has a right to start his own business and he gave 2 weeks' notice before leaving GT Inc.
Business Intelligence (BI) systems typically store their data in data warehouses
Indicate whether the statement is true or false