A Consolidated Industry Structure

question 11

Multiple Choice

A consolidated industry structure:

• A) consists of several small companies or medium-size companies, none of which is positioned to determine industry price.
• B) constitutes a threat rather than an opportunity.
• C) is dominated by a small number of companies or, in extreme cases, by just one company, and such companies often are positioned to determine industry prices.
• D) provides no scope for an oligopoly to exist.
• E) is characterized by low-entry barriers and commodity-type products.

---

Definitions:

Recycled Materials

Materials that have been reprocessed and recovered from waste products to be used in the manufacture of new products, reducing the need for virgin resources.

Product Platform

A set of common assets and technologies from which a series of products are developed, allowing for variations in features or customization.

Enhancements

refers to improvements or upgrades made to products, services, or systems to increase functionality, performance, or quality.

Migrations

The movement of entities from one location to another, often referring to data, animals, or human populations.