These Are Characteristics of a Competitive Industry,except

question 12

Multiple Choice

These are characteristics of a competitive industry,except:

• A)Many substitutes
• B)No barriers to entry
• C)Homogenous product
• D)Little or no information on rivals' products

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Definitions:

Discrimination

Unjust treatment or prejudicial attitudes toward individuals based on characteristics such as race, age, sex, or disability.

Employer Accused

A situation where an employer is alleged to have engaged in improper or illegal actions, typically requiring investigation or legal action.

Organizational Psychologist

A specialist in psychology who applies psychological theories and principles to organizations, focusing on improving workplace productivity, culture, and the well-being of employees.

Worker Satisfaction

The degree to which employees are content with their jobs, which can affect their performance and retention.