Lisa Loves Her Job as an Executive Recruiter for a Large

question 73

Multiple Choice

Lisa loves her job as an executive recruiter for a large hospital located in Dallas, Texas.Part of Lisa's job requires her to gather industry information, collaborate with partners, compare competitors, and tap into the knowledge of prospective employees, partners, and customers.Which of the below would Lisa use to perform her job?

• A)interactivity metrics
• B)source code
• C)network effect
• D)collective intelligence

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Definitions:

Barriers to Entry

Economic, procedural, or market-based factors that obstruct or restrict the ability of new competitors to enter an industry.

Oligopolistic

Pertaining to a market structure characterized by a small number of firms dominating the market, leading to limited competition.

HHI

Herfindahl-Hirschman Index, a measure of market concentration to assess the level of competition among firms.

Herfindahl-Hirschman Index

An economic indicator used to evaluate the level of competition within an industry by measuring the concentration of market share held by the largest firms.