Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Management Strategic Management Concepts of strategic Management
Match List I with List II
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List I (Economic framework) |
List II (Description) |
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| A. | Stackelberg model | I. | The situation in which each player in an oligopolistic market adopts its dominant strategy but could do by cooperating |
| B. | Nash equilibrium | II. | Conceptualisation for identifying the structural determinants of the intensity of competition and the probability of firms in oligopolistic industries |
| C. | Peter's strategic framework | III. | If firms are disproportionately powerful the market leader makes the first move and captures two-thirds of the market share, while the follower firm gets only a third of the market share |
| D. | Prisoner's delima | IV. | A situation in which each player has chosen his/her optional strategy given the strategy chosen by the other player |
Choose the correct answer from the options given below:
1
A - II, B - IV, C - I, D - III
2
A - III, B - IV, C - II, D - I
3
A - III, B - I, C - IV, D - II
4
A - II, B - III, C - I, D - IV