Which of the Following Is True

question 49

Multiple Choice

Which of the following is true?

• A) Competitive forces are present even in markets with high barriers to entry.
• B) Quality competition is an unimportant element of the competitive process.
• C) Profitability and high prices discourage technological change and the development of substitute products.
• D) Government regulations have substantially increased the quality of American manufacturing products in recent years.

Understand the skills, knowledge, and abilities required for specific jobs and how they are assessed.

Know the advantages of recruiting outside an organization and bringing in fresh ideas.

Understand the steps and objectives of the interviewing and selection process within organizations.

Understand the roles and responsibilities in the job selection process.

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Definitions:

Tort

A legal wrong or infringement of a right leading to civil legal liability.

Nuisance

An act, condition, or thing that is considered an inconvenience or annoyance, and can sometimes give rise to a legal claim.

Bank's Carelessness

Negligent or inattentive actions by a banking institution that lead to loss or damage for a customer.

Lighting Setup

The arrangement and configuration of lighting equipment to achieve desired visual effects in photography, film, or stage production.