Growth Industries

question 3

Multiple Choice

Growth industries

• A) typically suffer from high mobility barriers.
• B) tend to be characterized by weak rivalry.
• C) have high rivalry among established companies.
• D) increase prices because customers are more aware of the industry's product.
• E) provide economies of scale to existing companies.

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Definitions:

Short-term Loans

Loans that are scheduled to be repaid in a short period, typically less than a year, used to address immediate financial needs or cash flow issues.

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.