In General, Which of the Following Is True

question 5

Multiple Choice

In general, which of the following is true?

• A)The number of firms in the industry is far more important than the industry's scientific character and extent of technological opportunities.
• B)The greater an industry's concentration ratio, the higher are its R&D expenditures in relation to sales.
• C)The industry's scientific character and extent of technological opportunities often are more important than the industry's concentration ratio.
• D)The higher the industry's interest cost of borrowing funds for R&D, the greater is the industry's progressiveness.

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Definitions:

Contingent Work

Employment arrangements that are temporary or freelance in nature, often without the long-term commitments or benefits associated with full-time work.

Third Sector

The segment of society that includes non-profit organizations and non-governmental entities that serve public interests and societal needs.

Global Commodity Chain

A global chain of manufacturing and delivery activities through which a product travels before it arrives at the consumer.

Resistance Strategies

Methods or tactics employed by individuals or groups to oppose, challenge, or withstand social, political, or economic power structures.