Which of the Following Is a Characteristic of an Emerging

question 76

Multiple Choice

Which of the following is a characteristic of an emerging industry?

• A) Established strategy of players.
• B) Low number of new firms.
• C) High unit costs.
• D) Technical expertise.

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Definitions:

Relative Measurements

Relative measurements assess the value or performance of something in comparison to other items or benchmarks.

Absolute Measure

A quantitative metric that represents objective data or values, without comparison to other measures or relative benchmarks.

Supply Chain

A network of businesses, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Relative Measure

A metric that compares performance, values, or other quantifiable factors to a standard or to each other instead of using absolute numbers.