Which of the Following Characteristics Can Be Attributed to Highly

question 32

Multiple Choice

Which of the following characteristics can be attributed to highly competitive industries?

• A)They have low fixed costs for entering or leaving the industry.
• B)There are high degrees of product differentiation.
• C)They have high turnover rates.
• D)They exist in greater number and they seek the same objectives.

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Definitions:

Curious

Having a strong desire to learn or know something.

Big Five

A personality model that outlines five broad dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Researchers

Scientists who study the characteristics that make individuals unique and the processes that influence personality development.

Neuroticism

A trait in personality psychology referring to the tendency to experience negative emotions such as anxiety, anger, or depression more frequently and intensely than others.