Disasters Are Often Natural in Origin but Can Also Be

question 60

Multiple Choice

Disasters are often natural in origin but can also be human caused. All the following are roles humans often play in bringing about and/or exacerbating the consequences of disasters, except ______.

• A) building along fault lines and floodplains
• B) building flimsy structures that are likely to be destroyed in a disaster
• C) corporations and businesses not following safety procedures
• D) ensuring that building and safety codes are carefully followed

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Definitions:

Market Shares

The percentage of total sales or total revenue generated by a company in a particular market.

Price Leadership

Price leadership occurs when one leading company in an industry sets the price for its products, and other companies in the industry follow suit, often seen in oligopolistic markets.

Product Differentiation

Product Differentiation is the process by which companies distinguish their products from those of competitors on aspects like quality, design, or brand.

Price Leadership

A market situation where one leading firm sets the price of goods or services, and other firms in the industry follow suit, typically seen in oligopolies.