Which One of the Following Is NOT a Characteristic of a Firm

question 46

Multiple Choice

Which one of the following is NOT a characteristic of a firm that has chosen a captive company strategy?

• A)Probably most appropriate for a company with a strong competitive position in a growing industry.
• B)The firm reduces its functional activities to reduce costs.
• C)The firm gains a certainty of sales and production in return for becoming heavily dependent upon another firm for at least 75% of its sales.
• D)One of its customers makes up a large percentage of the company's sales and wants the company to keep operating as its supplier.
• E)Management desperately seeks an "angel" to guarantee the company's continued existence.

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Definitions:

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The condition or health of the natural environment, measured by factors such as air and water purity, biodiversity, and the presence of pollutants.

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A system of government where the power is vested in the people and exercised according to a constitution, which outlines the rights and responsibilities of citizens and the governing entities.

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