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Exit Barriers Are Obstacles That Determine How Easily a Firm

question 37

Multiple Choice

Exit barriers are obstacles that determine how easily a firm can leave the industry.When exit barriers are high,what happens to industry attractiveness?


Definitions:

Nondiscriminatory Sentence

A sentence in communication that avoids bias, prejudice, or unfair references to gender, race, age, or other personal characteristics.

Millennial Generation

A demographic cohort following Generation X, typically defined as being born from the early 1980s to the mid-1990s to early 2000s.

Precise Language

The use of clear, exact, and accurate terms to convey a message.

Correct Idioms

The use of expressions that are grammatically correct and where the figurative meanings are appropriately applied.

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