Which of the Following Factors in an Industry Is Most

question 18

Multiple Choice

Which of the following factors in an industry is most likely to cause excess capacity?

• A) Technologically outdated production units
• B) High customer demand
• C) A company's investments in newer production technology
• D) Lack of competition from new entrants
• E) Limited number of outlets in certain locations

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Definitions:

Organizational Culture

The shared values, beliefs, and norms that influence how people behave within an organization.

Culture Concept

A framework for understanding the complex set of shared values, beliefs, and practices that define a group or society.

Systematically

A methodical approach characterized by step-by-step procedures that follow a logical order.

Reward System

A structured scheme for compensating or incentivizing individuals based on their achievements, behavior, or performance.