Which of the Following Statements Is Generally True

question 86

Multiple Choice

Which of the following statements is generally true?

• A)Rivalry is less the larger the number of firms in an industry.
• B)The smaller the number of firms in an industry, the greater the rivalry.
• C)The larger the number of firms in an industry, the greater the rivalry.
• D)The degree of rivalry in an industry is largely independent of the number of firms.

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Definitions:

On-the-job Training

A method of skill development where employees learn and are trained while they are performing their jobs, often under the supervision of more experienced staff.

New Managers

Individuals who have recently assumed managerial roles, responsible for planning, directing, and overseeing the operations and employees in their specific areas.

Seminars

Educational meetings or sessions in which participants engage in discussions or receive expert knowledge on a particular topic.

Role-playing

A method of learning or training involving the acting out of roles to simulate real-life situations for practice or problem-solving purposes.