Multiple Choice
An industry can be defined as a group of:
A) companies offering products or services that are close substitutes for each other.
B) manufacturing plants of a single company.
C) different kinds of companies that are based in the same geographic location.
D) companies that are different but generate similar amounts of revenues.
E) brands that offer different products but are owned by a single firm.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: As a barrier to new entry, absolute
Q40: Starbucks and an independent local café are
Q45: In Porter's competitive forces framework, the stronger
Q47: The punctuated equilibrium view can be described
Q48: Growing demand tends to reduce rivalry because
Q49: A baking company has different product ranges
Q51: Common exit barriers include:<br>A) minimal investment in
Q53: Which of the following statements is true
Q54: Which of the following is NOT one
Q74: Due to a recent relaxation in the