Which Among the Following Is the Strongest Determinant of an Industry's

question 211

Multiple Choice

Which among the following is the strongest determinant of an industry's technological progressiveness?

• A) the scientific character of its industry and the number of technological opportunities available
• B) the size of the industry concentration ratio-the lower the ratio, the greater the firm's technological progressiveness
• C) the Herfindahl index in the firm's industry-the higher the index value, the greater the firm's technological progressiveness
• D) the amount of retained earnings in the industry

Understand the purpose and impact of tariffs and trade policies on international business.

Recognize the significance of local adaptation (glocalization) in product design and marketing communication.

Acknowledge the challenges and strategies related to global brand name management.

Understand the distinction between trade deficit and trade surplus and their implications on international business.

---

Definitions:

Physical Arousal

The physiological response of the body to stimuli, often associated with increased heart rate, respiration, and energy, preparing the body for action.

Labeling

The process of classifying and naming individuals or groups based on their behaviors, characteristics, or perceived qualities, which can influence both self-identity and social identity.

Schachter and Singer

Psychologists known for their two-factor theory of emotion, which proposes that emotion is based on physiological arousal and cognitive interpretation of that arousal.

Cannon-Bard Theory

A theory of emotion that proposes the physiological reaction and the experience of emotion occur simultaneously and independently.