Examlex

Solved

Which of the Following Industries Is Expected to Generate $7

question 49

Multiple Choice

Which of the following industries is expected to generate $7.1 trillion in economic activity and account for 8.3 percent of the world's total employment by the end of 2007?


Definitions:

Bid Aggressively

The strategy of actively and assertively placing higher bids to secure an auctioned item or a contract.

Competition

The rivalry among sellers in the same market to attract customers, increase sales, and achieve a dominant position in the market.

Expected Value

A statistical concept that calculates the average result when the same event is repeated multiple times.

High-Value

Refers to products, services, or assets that possess significant worth or importance, often attracting premium prices.

Related Questions