Shapers Are Organizations That

question 114

Multiple Choice

Shapers are organizations that

• A)try to change the structure of their industries.
• B)choose how to compete within given environments.
• C)take the current industry structure and its future evolution as a given.
• D)generally remain ignorant of the structure of their industry.
• E)try to resurrect old methods in new contexts.

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Definitions:

Net Profit Margin Ratio

A profitability metric that shows the percentage of revenue that remains as net income after all expenses have been deducted.

Net Income

The total earnings of a company after accounting for all expenses and taxes, reflecting the company's profitability.

Operating Revenues

Income generated from the core business activities of a company.

Gross Profit

The earnings a company retains after subtracting the expenses incurred in the production and sale of its goods, or the expenses related to delivering its services.