The Basic Premise of Industry Analysis Is That

question 46

Multiple Choice

The basic premise of industry analysis is that:

• A)Competition can be assessed between monopoly and perfect competition within the spectrum of industry structures
• B)The level of profitability within an industry is largely determined by the dynamics of the industry structure
• C)The internal variables of the firm determine a firm's performance within the industry
• D)Porter's five forces are the determinants of industry intensity of competition

---

Definitions:

Voluntary Act

An action undertaken by an individual based on their free will or decision, without coercion.

Human Volition

The capacity or power of human beings to make choices or decisions freely, often considered as an aspect of human agency or free will.

Genetic Disposition

The inherent tendency or likelihood to develop certain conditions or traits based on one's genetic makeup, influencing aspects from physical health to behavioral tendencies.

Constructionist Perspective

A theoretical viewpoint that considers reality and social phenomena as constructed through social processes, language, and cultural practices.