In the Personal Computer (PC) Market in the First Half

question 64

Multiple Choice

In the personal computer (PC) market in the first half of 2008, Hewlett-Packard maintained its worldwide No. 1 ranking at a market share of 19.1 percent. Dell's market share was 16 percent and Acer held onto third place with a 9.5 percent share, and Lenovo maintained fourth place, with a 7.9 percent share. What is the four-firm concentration ratio in the PC market?

• A) 60.3
• B) 52.5
• C) 45
• D) 36.5

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Definitions:

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, celebrated for enriching the social fabric.

Western Mass Media

Media outlets originating in the Western world, including television, radio, newspapers, and the internet, that can influence public opinion and cultural norms.

Globalization

The method through which individuals, businesses, and governments across the globe communicate and merge.

Industrialized Nations

Countries that have undergone industrialization, characterized by significant economic growth through the development of manufacturing and services industries.