Which of the Following Describes an Effect of the Increased

question 36

Multiple Choice

Which of the following describes an effect of the increased competition caused by the globalization of production and markets in an industry?

• A) A company must face rivals not only on the domestic, but also on the foreign front.
• B) There has been a change from consolidated oligopolies to smaller fragmented, global industries that battle each other for market share.
• C) It has increased both the threat of entry and the intensity of rivalry within many formerly protected national markets.
• D) The threat of decreased profitability has caused companies to focus on efficiency, quality, customer responsiveness, and innovative ability.
• E) All of these are effects of the increased competition caused by the globalization of production and markets in an industry.

Understand the significance of generalizability in selection tests across different contexts.

Recognize the need for fair and non-discriminatory selection practices in compliance with equal employment opportunity laws.

Understand the procedures required to comply with employment-related laws, such as the Immigration Reform and Control Act.

Understand the concepts and applications of various measures of central tendency (mean, median, mode) and their strengths and weaknesses.

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Definitions:

Online Surveys

Tools used for conducting surveys over the internet to collect data or opinions from a wide audience at a relatively low cost.

Email Surveys

A technique for gathering information and responses by distributing questionnaires to participants through email.

Pop-Up Blocker

A software feature or tool designed to prevent pop-up windows, frequently used for advertisements, from opening on a webpage.

Dichotomous Question

A type of question in a survey or questionnaire that has two possible answers, typically "Yes" or "No."