Katlyn Williams Owns a Company That Makes Specialized Components for the Aerospace

question 69

Multiple Choice

Katlyn Williams owns a company that makes specialized components for the aerospace industry. Her most important customer is a company that is growing at a rate of 33% per year. Katlyn is working hard to grow her firm, because she knows that unless her company continually grows it will not be able to keep pace with the growth of its most important customer. This example illustrates the reason for growth referred to as ________.

• A) capturing economies of scope
• B) executing a scalable business model
• C) market leadership
• D) influence, power, and survivability
• E) need to accommodate the growth of a key customer

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Definitions:

Genus

A principal taxonomic category that ranks above species and below family, and is used in the classification of living and fossil organisms.

Respiratory Tract

The parts of the body involved in breathing, including the nose, throat, and lungs.

Terrestrial Vertebrate

An animal with a backbone that lives on land as opposed to living in water or air.

Essential Attributes

Fundamental qualities or features that are intrinsic and defining for a particular object or entity.