Which of the following is not part of an oligopolist's business strategy?

Question

Quizplus · Accepted Answer

Independently setting a product's price without consideration of its rivals' pricing policies is not a part of an oligopolist's business strategy as oligopolies often set their prices based on their competitors' pricing policies, and any significant changes may affect overall market share and profitability. The other options (A, B, and C) are critical components of an oligopolist's business strategy, as they relate to managing supplier relations, selecting new technologies to adopt, and expanding into new markets, which can impact the company's competitiveness and profitability.

Which of the Following Is Not Part of an Oligopolist's