Multiple Choice
What tactical term best describes the capacity relationship between Toyota and Honda such that Toyota's response is to reduce production output of the Rav 4 if Honda were to first announce a large increase in the production of the CR-V that drove down prices?
A) Tough commitment
B) Strategic complement
C) Soft commitment
D) Strategic substitute
E) Duopoly
Correct Answer:
Verified
Correct Answer:
Verified
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