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Question
Which of the following are the expectations of competitive competitors?
Options
Fair trade practices regarding price quality and services
An atmosphere of healthy competition and ethical behaviour
Reasonable returns
To avoid corrupting public servants
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Solution
Fair trade practices regarding price quality and services also An atmosphere of healthy competition and ethical behaviour
Explanation:
Competitors expect businesses to engage in fair trade practices, ensuring prices, quality, and services are competitive and honest. They also value an environment of healthy competition, where ethical behaviour is upheld, fostering a fair market for all participants.
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