Which of the Following Is Not a Characteristic of Fragmented

question 71

Multiple Choice

Which of the following is not a characteristic of fragmented industries?

• A) A large number of small competitors
• B) High barriers to entry
• C) Many "custom-made" or specialty firms
• D) Few economies of scale
• E) Low consolidation

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Definitions:

Budgeted Balance Sheet

A financial statement that projects the financial position of a company for a future period, based on expected income and expenditure.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping businesses manage their cash flow.