Which Among the Following Is the Strongest Determinant of an Industry's

question 211

Multiple Choice

Which among the following is the strongest determinant of an industry's technological progressiveness?

• A) the scientific character of its industry and the number of technological opportunities available
• B) the size of the industry concentration ratio-the lower the ratio, the greater the firm's technological progressiveness
• C) the Herfindahl index in the firm's industry-the higher the index value, the greater the firm's technological progressiveness
• D) the amount of retained earnings in the industry

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Definitions:

Other-race Effect

The cognitive tendency to more easily recognize faces of the race that one is most familiar with, which often leads to difficulty in distinguishing faces from races less encountered.

Stereotyping

The act of generalizing attributes, characteristics, or behaviors to all members of a particular group without considering individual differences.

Ingroup Bias

The tendency to favor members of one's own group over those from different groups, often leading to prejudiced attitudes or discrimination.

Selective Attention

The cognitive process of focusing on a particular object in the environment for a certain period of time while ignoring irrelevant information that is simultaneously occurring.