Which of the Following Is Not a Relevant Consideration in Identifying

question 117

Multiple Choice

Which of the following is not a relevant consideration in identifying an industry's dominant economic features?

• A) Market size and growth rate, the geographic scope of competitive rivalry, and demand-supply conditions
• B) The extent to which economies of scale and learning/experience curve effects are present
• C) How many strategic groups the industry has and which ones are most profitable and least profitable
• D) The number and sizes of buyers, the number of rivals, and the pace of product innovation
• E) The prevalence of technological change

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Definitions:

Human Resource Management

The strategic approach to the effective management of an organization's workers, focusing on policies and systems designed to maximize employee performance.

Social Organizations

Groups structured by a set of social norms, institutions, or structures aimed at meeting the needs of individuals in a society.

Product-Market Plans

Strategies that outline how a company's products or services will meet the needs of its target market.

Human Resource Management

A strategic approach to managing people in an organization in a way that supports the business's mission and overall success.