Multiple Choice
Bryan is a manager at a software firm. The CEO tells him that the industry as a whole has become increasingly profitable over the past five years. Based on this information, Bryan is most likely to expect
A) increased competition in the future and therefore he should recommend that the company upgrade its products to slow the entry of rival companies.
B) increased profitability in the future and therefore he should recommend that the company remain on its current course.
C) a leveling off of profitability in the next few years and therefore he should recommend that the company cooperate with its rivals to stimulate the industry.
D) decreased competition in the next few years and therefore he should recommend that the company take advantage of its pricing power.
Correct Answer:

Verified
Correct Answer:
Verified
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