Which of the Following Industries Has the Lowest Concentration Ratio

question 181

Multiple Choice

Which of the following industries has the lowest concentration ratio?

• A)breakfast cereal
• B)electric lamp bulbs
• C)household laundry equipment
• D)cigarettes

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Definitions:

SCM

Supply Chain Management; it involves the management of the flow of goods and services.

ERP

Enterprise Resource Planning is software utilized by companies for the daily management of business operations including accounting, procurement, project management, and manufacturing.

TPS

Transaction Processing System, a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise.

CRM

Customer Relationship Management, a technology for managing a company's interactions and relationships with current and potential customers.