When Industry Attractiveness Ratings Are Calculated for Each of the Industries

question 8

Multiple Choice

When industry attractiveness ratings are calculated for each of the industries a multibusiness company has diversified into,the results help indicate:

• A) which industries appear to be the best and worst ones to be in and the attractiveness of all the industries as a group from the standpoint of the company's long-term performance and market strength.
• B) which industries have attractive key success factors and which industries have unattractive key success factors.
• C) which industries have the biggest economies of scale and which industries have the greatest economies of scope and the overall potential for cost reduction in the industries as a group.
• D) which industries are most attractive from the standpoint of long-term growth and the growth prospects of all the industries as a group.
• E) which industries are most attractive from the standpoint of industry driving forces and competitive forces.

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Definitions:

Collective Bargaining Law

Legislation that governs the negotiation process between employers and groups of employees aimed at establishing working conditions and terms of employment.

Union Shop

A workplace where new employees must join the union.

Picket Line

A designated area where workers protest, typically outside their place of employment, to publicize a labor dispute.

Lawful Strike

A work stoppage legally conducted by employees after meeting certain requirements or procedures, typically used as a bargaining tool in labor disputes.