An Example of a Canadian Industry Composed of a Few

question 17

Multiple Choice

An example of a Canadian industry composed of a few large firms is

• A)the accounting profession.
• B)gasoline retailing.
• C)clothing retailing.
• D)hair dressers.
• E)restaurants.

---

Definitions:

Driving Forces

Key factors or influences that contribute to the acceleration or direction of change within an organization or market.

Balancing

The process of maintaining equilibrium or stability within operations, finances, or strategies of an organization.

Entrepreneurial Process

The sequence of steps an entrepreneur follows from conceptualizing a business idea to launching and growing a new business.

Opportunity

A set of circumstances that makes it possible to do something, especially to start a new business or launch a new product.