Consolidation Strategy Is a Good Option in What Type of Industry

question 84

Multiple Choice

Consolidation strategy is a good option in what type of industry?

• A) Mature
• B) Emerging
• C) Fragmented
• D) Declining

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Definitions:

Dual/Multiple Relationships

Occurs when a professional engages in more than one relationship with a client, potentially compromising professionalism or objectivity.

Professional Judgment

The ability to make decisions and draw conclusions in one’s professional field based on expertise, experience, and ethics.

Exploiting the Client

Acting unethically by taking unfair advantage of a client for personal, financial, or other gains, contradicting professional ethical standards.

Dual Relationship

Ethical dilemma arising when a professional holds more than one role with a client, potentially compromising objectivity and confidentiality.