Discuss how collusion can have a negative effect as a business strategy. Give an actual example of
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Discuss how collusion can have a negative effect as a business strategy. Give an actual example of a collusion strategy used by a company. Describe how a firm develops a business strategy when in a hypercompetitive industry. Explain how a company can have a successful business strategy based on both the cost leadership and differentiation strategies. Evaluate the differences between cooperative and competitive strategies?
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