A car manufacturing company is keenly monitoring the announced cuts or increases in the rival companies' production volume,sales,and sales incentives.It uses this information to plan its own marketing,pricing,and production strategies.This is an example of:

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This scenario describes the practice of gathering and analyzing information on competitors' activities, often called competitive intelligence. By doing so, the car manufacturing company can stay abreast of shifts in the market and adjust its own strategies accordingly. Bid rigging involves colluding with competitors to manipulate the outcome of contracts or auctions. Exclusive dealing refers to a situation where a company requires a buyer to purchase exclusively from them. Bait-and-switch involves enticing customers with an attractive offer, then steering them toward a more expensive alternative. Generational cohort refers to a group of people born during the same time period who share similar attitudes, values, and experiences.

A Car Manufacturing Company Is Keenly Monitoring the Announced Cuts