Examlex
Productive inputs are any supplies used by a firm in conducting its business activities.
Significant Barriers
Major obstacles or impediments that prevent entities from entering a market or industry.
Horizontal Demand Curve
A demand curve representing a situation where a small change in price leads to an infinite change in quantity demanded, typically associated with perfectly competitive markets.
Four-Firm Concentration Ratio
A measure that indicates the total market share controlled by the four largest firms within an industry.
Herfindahl Index
A measure of market concentration calculated by summing the squares of the market shares of all firms in the industry.
Q1: When a firm has high levels of
Q12: Capabilities are a subset of a firm's
Q20: The threat of buyers in this industry
Q65: Firms that possess and exploit costly-to-imitate, rare
Q67: Traditionally, the compensation of corporate managers in
Q69: The correlation between economic and accounting measures
Q72: Shared activities and risk reduction are usually
Q87: Perhaps the only time economies of scale
Q90: Within the flexibility-based approach to vertical integration
Q91: The threat of existing competition tends to