Which of the Following Is True of Growth Industries

question 12

Multiple Choice

Which of the following is true of growth industries?

• A) They typically have high barriers to entry.
• B) They tend to be characterized by weak rivalry.
• C) They are characterized by low demands.
• D) They increase prices because customers are more aware of the industry's product.
• E) They inhibit the development of distribution channels.

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Definitions:

Functionalist Perspective

A theoretical framework in sociology that sees society as a complex system whose parts work together to promote solidarity and stability.

Social Benefits

Advantages provided by society to its members, such as healthcare, education, and welfare.

Genocide

The deliberate and systematic extermination of a national, racial, political, or cultural group.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity.