Match Each Item with a Statement Below

question 18

Multiple Choice

Match each item with a statement below:

-Market dominated by a few large companies

• 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:

Spinal Cord

The major bundle of nerves running down the back in vertebrates, connecting the brain to the rest of the body and responsible for transmitting neural signals.

Hyperglycemia

A medical condition characterized by high blood glucose (sugar) levels, often associated with diabetes.

Insulin

An agent released by the pancreas that manages the concentration of sugar in the blood by supporting the entry of glucose into various tissues.

Thyroid Gland

Endocrine gland found in the neck; regulates metabolism.