Standard Power Is a New Company in the Electrical Industry

question 65

Multiple Choice

Standard Power is a new company in the electrical industry, and with the company's success, it is building a strong reputation. What impact will this company most likely have on the other companies in the electrical industry?

• A)Prices and profits will increase.
• B)Competition will decrease.
• C)Competition will increase and prices and profits will decrease.
• D)Competition will decrease and prices and profits will increase.
• E)The new company will not have an impact on the other companies.

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Definitions:

Presentation

The act of showing and explaining the content of a topic to an audience, often involving visual aids and public speaking skills.

Personalize

The act of tailoring something to meet the specific needs, preferences, or interests of an individual or group.

Signpost

An explicit statement of the place that a speaker or writer has reached: “Now we come to the third point.”

Wind Energy

The process of converting wind flow into mechanical or electrical energy, which can be used for power.