Which of the Following Statements Is True Regarding Preannouncements

question 2

Multiple Choice

Which of the following statements is true regarding preannouncements?

• A)Large firms are more likely to preannounce than firms with smaller share.
• B)There will be more preannouncing in industries that are very competitive.
• C)There will be less preannouncing where switching costs are high.
• D)Preannouncement can be used to block a competitive entry.

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Definitions:

Values

The principles and beliefs that guide an individual's or society's actions and decisions, often reflecting moral and ethical considerations.

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for food, fiber, and other products.

Economic Development

The process of improving economic well-being and quality of life through growth and development, often through government policies and programs.

North America

A continent in the Northern Hemisphere and almost entirely within the Western Hemisphere; it includes countries such as Canada, the United States, and Mexico.