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MNB3702 ASSIGNMENT 1 SEMESTER 2 2023 MCQ ANSWERS
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MNB3702 ASSIGNMENT 1 SEMESTER 2 2023 MCQ ANSWERS
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Which of the following conceptual frameworks indicates when firms are likely to attackand counter-attack each other?
a. Awareness, Motivation and Barriers
b. Motivation, Capability and Awareness
c.Barriers, Motivation and Capability
d. Capability, Barriers and Awareness
The correct answer is: Motivation, Capability and Awareness
Which one of the following is NOT a defining characteristic of Oligopoly?
a. Firms colluding to curb competition
b. Using pricing to beat competitors
c. Using strategy to beat competitors while making a profit
d. Market concentrated by a small number of firms
The correct answer is: Using pricing to beat competitors
,Which of the following is NOT a characteristic of Collusion?
a. Imitability
b. Explicit collusion
c. Cartel
d. Tacit collusion
The correct answer is: Imitability
Which of the listed should NOT be considered for managing acquisitions?
a. Avoiding an overpayment for targets, and focus on strategic and organizational fit
b. Ramping up production to reduce costs of single product units
c. Collaboration with national authorities to speed up approval process
The correct answer is: Ramping up production to reduce costs of single product units
, A joint venture is an organisational form of a strategic alliance when the following
conditions are met:a)Two entities can together achieve an objective(s) that neither
could achieve on its own, such as next-generation innovations b)The merged unit
relies on inputs from both parent firms, as market transaction costs are high
c)Reduced production facilities and operational capabilities d)A full takeover is not
feasible, because of the objection of competition authorities.
a. a,b & d
b. a & c
c. a, b, c & d
d. b,c & d
The correct answer is: a,b & d
________________ is a type of scenario in which the outcome depends on two parties
deciding whether to cooperate or to defect
a. Leverage
b. Game theory
c. Prisoner's dilemma
d. Repeated game
The correct answer is: Prisoner's dilemma
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