Match Each Item with a Statement Below

question 21

Multiple Choice

Match each item with a statement below:

-Concept to identify organizations within an industry that have similar business models and/or strategic orientations so that they directly compete with each other

• 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:

Block Design

A type of experimental design that groups subjects or experimental units into blocks to control variability among them.

Severe Depression

A clinical condition marked by significantly intense symptoms of depression, including extreme sadness, hopelessness, and a lack of energy or interest in life.

Explanatory Variable

A variable that is manipulated or categorized to investigate its effect on a dependent variable.

Comparative Study

A research method that involves comparing two or more groups or variables to determine significant differences or similarities.