Match Each Item with a Statement Below

question 20

Multiple Choice

Match each item with a statement below:

-Characterized by a large number of small firms that have similar but not identical products

• 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:

Named Range

A feature in spreadsheet software that allows a user to assign a memorable name to a specific range of cells for easier referencing.

Absolute Reference

In spreadsheet applications, a cell reference that remains constant even if the formula is copied to another cell or location.

Scope

Scope refers to the extent or range of view, reach, application, operation, or effectiveness of a particular action, subject, or policy.

Named Range

A feature in spreadsheet software that allows users to assign a name to a cell range for easier reference.