In Which of the Following Situations Is a Company That

question 66

Multiple Choice

In which of the following situations is a company that exists in the telecommunications industry most likely to face the highest threat of entry?

• A) if the company is able to put up a credible threat of retaliation
• B) if the capital requirements in the industry are high
• C) if the customer switching costs in the industry are high
• D) if the industry has recently become deregulated

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Definitions:

Framework For Ethics

A structured set of guidelines or principles designed to help individuals or organizations make ethical decisions.

Electronic Devices

Gadgets or mechanisms that use electricity to perform a wide range of functions, from computing to communication.

Violating

The act of breaking or failing to comply with a rule, agreement, or law.

Interlocking Relationships

A situation where members of a company's board of directors are also members of the board of another company, potentially leading to conflicts of interest or anticompetitive practices.