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full details please, with example. 300 words minimum Identity a reat-wortd business situation in which you see strategic behavior in action te.g., competition between Boeing

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full details please, with example. 300 words minimum

image text in transcribed
Identity a reat-wortd business situation in which you see strategic behavior in action te.g., competition between Boeing and Airbus, Coca-Cola and Pepsi}. It could be some interaction your company has with another entity {rival tirrn, supplier, or consumer] or interaction between internal divisions, or groups. Describe the components of the game. WhD are the players in the game? What are the strategies they have at their disposal? What are the payoits? How are they determined? What type of game do The rms play\"? Do the players have a dominant strategy? Can you identify the Nash Equilibrium

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