Industries in Which a Large Number of Small or Medium-Sized

question 89

Multiple Choice

Industries in which a large number of small or medium-sized firms operate and no small set of firms has dominant market share or creates dominant technologies are called ________ industries.

• A) fragmented
• B) mature
• C) emerging
• D) declining

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Definitions:

Conservation

The principle that certain properties remain the same despite changes in the form of objects, or understanding the permanence of quantity despite changes in the shape or container.

Egocentrism

A cognitive characteristic in which an individual has difficulty seeing the world from perspectives other than their own, often observed in early childhood development.

Object Permanence

The realization that objects still exist even when they are not perceivable through sight, hearing, touch, smell, or any sensory means.

Egocentrism

A cognitive bias that causes individuals to interpret the world from their own perspective, often failing to understand that others may have different points of view.