The 2010 and 2012 Market Share Data of Three Competitors

question 43

Multiple Choice

The 2010 and 2012 market share data of three competitors (Alston, Baren, and Clemson) in an oligopolistic industry are presented in the following pie charts. Which of the following may be a false statement?

• A)Sales revenues declined at Clemson.
• B)Only Clemson lost market share.
• C)Alston gained market share.
• D)Baren gained market share.
• E)Both Alston and Baren gained market share

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Definitions:

Organizational Cultures

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.

Adopting Values

The process through which individuals or organizations integrate new beliefs, attitudes, and standards into their existing value systems.

Organizational Socialization

The process by which a new employee learns the values, norms, and expected behaviors of an organization to become an effective member.

Cultural Values

The core principles and ideals upon which an entire community exists and functions, deeply influencing people's behaviors and perceptions.