Arrange the following concepts in the correct sequence that represents the process of strategic decision-making in oligopolistic markets according to game theory: A) Identifying competitor actions B) Evaluating potential outcomes C) Formulating a response strategy D) Implementing the chosen strategy

In strategic decision-making for oligopolistic markets, the first step is identifying competitor actions. This means understanding what your competitors are likely to do, as their choices directly impact your own. Next, you evaluate potential outcomes based on different scenarios; this helps you see how your decisions might play out given the actions of others. After evaluating, you formulate a response strategy that outlines how you will act in response to your competitors' actions. Finally, you implement the chosen strategy, putting your plan into action and monitoring the results to see if adjustments are needed.