If a Firm Operating in a Fragmented Industry Can Find

question 70

Multiple Choice

If a firm operating in a fragmented industry can find a way to __________, the profit potential is high.

• A) backwards integrate
• B) consolidate the industry
• C) change its generic strategy
• D) diversify
• E) change strategic groups

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Definitions:

Response

Response refers to a reaction or reply to a specific stimulus or situation.

Spontaneous Abortion

The natural loss of a pregnancy before the fetus can survive independently, often referred to as a miscarriage.

Teratogen Exposure

Contact with substances that can cause birth defects or developmental abnormalities in a fetus during pregnancy.

Genetic History

The study and documentation of an individual's or family's inherited traits, conditions, and diseases to assess health risks.