MCQOPTIONS
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| 1. |
Industry structure is defined as __________. |
| A. | the nature of the players in an industry and their relative bargaining power |
| B. | a set of plans for achieving long term returns on the capital invested in a business firm |
| C. | set of planned activities designed to result in a profit in a marketplace |
| D. | how a company's product or service fulfills the needs of customers |
| Answer» B. a set of plans for achieving long term returns on the capital invested in a business firm | |