According to Critics,which of the Following Is the Impact of an Economic

question 3

Multiple Choice

According to critics,which of the following is the impact of an economic structure that is concentrated?

• A)Companies and industries are no longer fully responsive to market commands.
• B)The government has been able to regulate powerful companies without much trouble.
• C)Concentrated structure has helped in increasing meaningful competitiveness in the American market.
• D)There has been a significant decrease in complaints about the corporate role in pollution.

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Definitions:

Productivity

A measure of how efficiently outputs (goods and services) are produced from inputs (labor, capital, materials).

Global Financial Crisis

Was a consequence of sub‐prime mortgage defaults in the United States in 2008 and culminated in a worldwide recession.

Process Re-Engineering

A complete overhaul and innovative redesigning of business procedures aimed at achieving significant enhancements in key performance indicators.

Customer Needs

Refers to the wants or desires that a customer expects a product or service to fulfill.