Which One of the Following Is Not a Characteristic of a Firm

question 26

Multiple Choice

Which one of the following is not a characteristic of a firm that has chosen a captive company strategy?

• A) It is most appropriate for a company with a strong competitive position in a growing industry.
• B) The firm reduces its functional activities to reduce costs.
• C) The firm gains a certainty of sales and production in return for becoming heavily dependent upon another firm for at least 75% of its sales.
• D) One of its customers makes up a large percentage of the company's sales and wants the company to keep operating as its supplier.
• E) Management desperately seeks an "angel" to guarantee the company's continued existence.

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Definitions:

Physical Size

The dimensions or magnitude of an object or person's body, typically measured in terms of height, weight, or volume.

Urban Environment

An area characterized by high human population density and vast human-built features in comparison to the areas surrounding it.

Self-perception

An individual's awareness and understanding of their personality, behaviors, and characteristics as perceived by themselves.

Sedentary Activity

Activities that involve little to no physical movement, resulting in minimal energy expenditure.