Which of the Following Statements Is True About Potential Competitors

question 9

Multiple Choice

Which of the following statements is true about potential competitors in an industry?

• A) They threaten the profitability of established companies.
• B) They are usually encouraged by established companies.
• C) They find it easier to enter an industry when the entry barriers are high.
• D) They find it easier to enter an industry when established companies have economies of scale.
• E) They usually have an absolute cost advantage over established companies.

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Definitions:

Gender Stereotypes

Preconceived notions and generalized beliefs about characteristics, roles, and behaviors of men and women based on their gender.

Feminine Nicknames

Shortened or informal names often given to females, used as terms of endearment or familiarity.

Default Preference

The option automatically selected if no alternative is specified by the user, often seen in settings and choices.

Gender Socialization

The process by which individuals learn and internalize the roles, behaviors, and expectations that society prescribes for their gender.