______ Refers to How Passively or Aggressively the Businesses Within

question 60

Multiple Choice

______ refers to how passively or aggressively the businesses within an industry compete with each other.

• A) Threat of substitute products or services
• B) Threat of new entrants
• C) Degree of rivalry among existing competitors
• D) Degree of external competition

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Definitions:

Criminally Liable

The state of being legally responsible for committing a crime or criminal act.

Criminal Violation

An act or omission that violates a law which results in a conviction and is punishable by the state through fines, imprisonment, or other penalties.

Criminally Liable

Subject to legal penalties under criminal law due to actions or omissions that violate statutes designed to protect the public, safety, health, or morals.

Prosecutor

A legal official who conducts criminal proceedings on behalf of the state or the public, charging and trying cases against individuals or entities accused of crimes.