Bryan Is a Manager at a Software Firm

question 60

Multiple Choice

Bryan is a manager at a software firm. The CEO tells him that the industry as a whole has become increasingly profitable over the past five years. Based on this information, Bryan is most likely to expect

• A) increased competition in the future and therefore he should recommend that the company upgrade its products to slow the entry of rival companies.
• B) increased profitability in the future and therefore he should recommend that the company remain on its current course.
• C) a leveling off of profitability in the next few years and therefore he should recommend that the company cooperate with its rivals to stimulate the industry.
• D) decreased competition in the next few years and therefore he should recommend that the company take advantage of its pricing power.

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Definitions:

Policies

Principles, rules, or guidelines formulated or adopted by an organization, government, or individual to achieve a desired outcome.

Representative Democracy

A system of government where citizens elect representatives to make decisions on their behalf.

Government Officials

Individuals who hold positions of authority in government organizations, responsible for implementing and enforcing laws, policies, and administrative functions.

Citizens

Individuals who are legally recognized as members of a state or nation, with associated rights and responsibilities.