The Downward Demand Spiral Happens When a Company Cannot Meet

question 104

True/False

The downward demand spiral happens when a company cannot meet competitors prices are not met as because of underutilzied capacity, higher and higher unit costs result is a greater reluctance to meet competitors' prices.

---

Definitions:

Lower-Income Nations

Countries characterized by low levels of income per capital, limited industrialization, and relatively low standards of living and education.

Gender Inequality Index

A measure used to assess the disparities in achievements between women and men in three dimensions: reproductive health, empowerment, and the labor market.

Literacy

The ability to read and write at a level that enables individual participation in society, access to information, and continued learning.

Newly Industrializing Countries

Nations that are experiencing rapid economic growth and industrialization, often marked by a shift from agricultural-based to industrial and service-based economies.