An Industry Moves from Embryonic to Growth Stage When

question 38

Multiple Choice

An industry moves from embryonic to growth stage when:

• A) the sales of complementary products decline.
• B) the production costs increase.
• C) companies manufacture products in very small quantities.
• D) ongoing technological progress makes its product easier to use.
• E) mass markets for its products decline.

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Definitions:

Legitimate Competitive Behavior

Actions taken by businesses that are appropriate and lawful in a competitive market to gain advantage.

Transferred Intent

A legal principle under which a person who intends to harm one individual, but unintentionally harms a different individual, can be liable to the second victim for an intentional tort.

Intentional Physical Contact

Intentional physical contact involves deliberately touching or making contact with another individual, which can range from acts of kindness to assaultive behavior depending on the context.

Battery

The unprivileged, intentional touching of another.