Which of the Following Is an Example of an Industry

question 15

Multiple Choice

Which of the following is an example of an industry that succeeds in restricting entry, thereby maintaining prices above competitive levels?

• A) beef cattle ranching
• B) transport trucking
• C) window washing
• D) book publishing
• E) dentistry

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Definitions:

Special Gift

A unique or exceptional item or talent given from one individual to another or recognized within oneself.

Nonrecurring Need

A requirement or demand that arises infrequently or on a one-time basis, distinct from ongoing or regular needs.

Prospect Research

A process used by nonprofits and other organizations to identify and evaluate potential donors' or investors' capacity and willingness to give, based on factors like wealth indicators and philanthropic interests.

Philanthropic Management

The process of overseeing and guiding philanthropic activities and charitable donations, typically within an organization, to ensure their impact and alignment with strategic goals.