According to the SCP Model,what Is the Relationship Between Firms

question 15

Multiple Choice

According to the SCP model,what is the relationship between firms and their industries?

• A) The firm's structure determines the industry conduct and is not related to firm performance.
• B) The firm's conduct shapes the industry structure and leads to firm performance.
• C) The industry structure determines firm conduct and these combine to determine firm performance.
• D) None of these.

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