Which of the Following Statements About Fragmented Industries Is True

question 69

Multiple Choice

Which of the following statements about fragmented industries is true?

• A) They are usually characterized by large, mass-production operations.
• B) They essentially enjoy a national brand loyalty.
• C) They require companies to use focus strategies to meet specialized customer needs.
• D) They do not attract new entrants as they have extremely high entry barriers due to economies of scale.
• E) They are usually dominated by one or two large companies that enjoy the power to influence industry prices.

---

Definitions:

Repetitive Transcranial Magnetic

A noninvasive procedure that uses magnetic fields to stimulate nerve cells in the brain to improve symptoms of depression.

Psychosurgery

Surgical interventions on the brain to treat psychological disorders or alleviate severe mental disorder symptoms.

Long-Term Potentiation

Long-Term Potentiation (LTP) is a persistent strengthening of synapses based on recent patterns of activity, which is believed to be the cellular basis for learning and memory.

Deep Brain Stimulation

A medical treatment involving the implantation of a device that sends electrical impulses to specific parts of the brain to treat neurological disorders.