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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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MNB3702 muzavazi47@gmail.com 0717513144DISCLAIMER
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Which of the following conceptual frameworks indicates when firms are likely to attack
and 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
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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
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