Match Each Item with a Statement Below

question 12

Multiple Choice

Match each item with a statement below:

-Conditions,entities,and factors surrounding an organization that influence its activities and choices

• A)oligopoly
• B)perfect competition
• C)low-cost leadership
• D)economies of scale
• E)external environment
• F)strategic group
• G)monopolistic competition
• H)market niche
• I)monopolies
• J)value chain

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Definitions:

Bering Strait

A narrow body of water between Russia and Alaska, serving as the maritime boundary between the Asia and North America continents.

Tenochtitlan

The capital city of the Aztec empire, founded in 1325, known for its complex social, military, and religious structures; located in what is now Mexico City.

Native Americans

The indigenous peoples of the United States, including American Indians, Alaska Natives, and Native Hawaiians.

Diverse Array

A term used to describe a wide variety or selection of different items or elements.