Author Question: The government attempted to control prescription drug prices during the 1990s. What would have been ... (Read 93 times)

michelleunicorn · **on:** Jul 7, 2018

The government attempted to control prescription drug prices during the 1990s. What would have been the effect of this change on this industry?

A) It would have increased competition, thereby reducing the complexity of this environment.
B) It would have made the environment more complex due to the reduction in profits.
C) It would have increased the demand for drugs, thereby making the environment less dynamic.
D) It would have enlarged the domain of this industry.

Question 2

Ego-defensiveness is a cognitive bias that leads managers to interpret events in such a way that their actions appear in the most favorable light.

Indicate whether the statement is true or false