After Having a Monopoly in the Diamond Market for Many

question 126

Multiple Choice

After having a monopoly in the diamond market for many years, by 2000, De Beers faced competition from other companies.To maintain its market share, De Beers

• A)began buying so-called "blood diamonds" in order to keep these diamonds out of the control of other diamond companies.
• B)adopted a strategy of differentiating its diamonds. Each of its diamonds is now marked with a microscopic brand.
• C)bought diamond mines in Canada and Russia that had been its competitors.
• D)lowered the prices of its diamonds to make the market appear less profitable to potential competitors.

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Definitions:

Gender Identity

Refers to an individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.

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Cross-dressing

The act of wearing clothes traditionally associated with the opposite sex.

Transvestic Disorder

A paraphilic disorder consisting of repeated and intense sexual urges, fantasies, or behaviors that involve dressing in clothes of the opposite sex, accompanied by clinically significant distress or impairment. Also known as transvestism or cross-dressing.