________ exists when a firm is unfairly exploited in an exchange.
A) Competitive advantage
B) Business level strategy
C) Opportunism
D) Corporate level strategy

Question

Quizplus · Accepted Answer

Opportunism is the act of taking advantage of another party's weaknesses or circumstances for one's gain. In this case, when a firm is unfairly exploited in an exchange, opportunism is occurring. This can occur when one party takes advantage of another's lack of knowledge or bargaining power.

________ Exists When a Firm Is Unfairly Exploited in an Exchange