In the Contemporary Environment,many Companies Find That They Are Competing

question 53

Multiple Choice

In the contemporary environment,many companies find that they are competing for shares of flat or fading markets,and as a consequence must work to retain existing customers.Which of the following factors does NOT explain the intense competition for share of market?

• A)changing consumer demographics
• B)fluctuating economic conditions
• C)more sophisticated competitors
• D)overcapacity in some industries
• E)All of the above.

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Definitions:

Adapts

The act of making adjustments or changes in oneself or in a system to better suit new conditions or environments.

Placid

Describes a calm, peaceful, or tranquil state or demeanor.

New York Longitudinal Study

A research project that began in the 1950s tracking the temperamental characteristics of infants and how these traits relate to personality development.

Temperamental Category

A classification in psychology that describes inherent personality traits and behavior tendencies that are observable in infancy and assumed to be biologically based.