Which of the following is not one of the three principles that could be combined by an organisation to predict an 'end game' outcome for an industry or situation whereby an organization can reverse engineer the behavior required to achieve the best outcome for itself,based on the expected end game?
A)Consider the expected reactions of competitors to any move that is made by the organisation and reason backwards.
B) Know the competitor organizations as well as your own.
C) Differentiate between one-period games and repeated-interaction games.
D)Consider penalties placed on other organizations and implement a traditional strategic approach to counteract these types of interactions.

Question

Quizplus · Accepted Answer

The principle of considering penalties placed on other organizations and implementing traditional strategic approaches is not one of the three principles mentioned in the question. The other three principles are (A) considering the expected reactions of competitors and reasoning backwards, (B) knowing the competitor organizations as well as one's own, and (C) differentiating between one-period games and repeated-interaction games.

Which of the Following Is Not One of the Three