Multiple Choice
Industry structures are not stable over time.The U.S.banking industry has seen major consolidation in recent years.We would expect the result of this dynamic change to be what?
A) Generally lower industry profits.
B) It will have no effect on profitability.
C) Further erosion in business.
D) Generally higher industry profits.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: The level of entry barriers is only
Q52: In the example strategic map of the
Q53: Mr.Smith was looking to buy a car
Q54: The United Auto Workers (UAW)union is which
Q55: The type of industry most likely to
Q57: Macro-environmental PESTEL analysis considers the effects of
Q58: Recessions are often viewed as a period
Q59: Name the six macro level factors that
Q60: Under the PESTEL framework,external economic factors that
Q61: In both monopolistically competitive industries and oligopolistic