The Fact That Some Firms Such as BASF, Exxon, and General

question 10

Multiple Choice

The fact that some firms such as BASF, Exxon, and General Electric have been leaders in their industries for almost a century, indicates that:

• A)Some firms have built the capability to adapt themselves to change in their environment time after time
• B)Economies of scale are the most powerful drivers of performance
• C)Size is the key predictor for success
• D)A firm's age is the critical variable for profitability

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Definitions:

Cardiomyopathy

A disease of the heart muscle that affects its size, shape, and structure, often leading to heart failure.

Hyperlipidemia

A condition characterized by abnormally high levels of lipids (fats) in the blood, which can increase the risk of cardiovascular disease.

High-density Lipoproteins (HDLs)

A type of cholesterol in the blood known as "good" cholesterol because high levels may reduce the risk of heart disease by transporting cholesterol away from arteries to the liver for excretion or reuse.