Which of the Following Would Include a Shifting of Organisational

question 130

Multiple Choice

Which of the following would include a shifting of organisational boundaries?

• A)changing security threats
• B)increased demand for openness in corporate governance
• C)increased emphasis on organisational and managerial ethics
• D)increased competitiveness
• E)Changing technology

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Definitions:

Monopolistic Competition

Market structure in which large numbers of buyers and sellers exchange heterogeneous products so each participant has some control over price.

Homogeneous Product

A product that is virtually indistinguishable from the same products offered by different suppliers in the market.

Control Over Price

The ability of a company or seller to dictate the price of a product or service in the market.

Pure Competition

A market structure characterized by an extremely high level of competition, where there are many sellers offering standardized products.