Operating under a just$-$in$-$time production system, Toyota concentrates the assembly of major components in particular regions, which then supply other locations where Toyota concentrates the assembly of end products. This reflects... the company centralizes supply chain activities and tightly coordinates them the company loosely coordinates its supply network the company disperses supply chain activities the company disperses supply chain activities and tightly coordinates them the company concentrates supply chain activities and loosely coordinates themWhich of the following statements is $($are$)$ TRUE?

I. A Nash equilibrium requires that each player have a dominant strategy.

II$.$ A Nash equilibrium requires that each player have a dominated strategy.

III. A game can have more than one Nash equilibrium.