When Technology in an Industry Is Changing Rapidly, a Company

question 56

Multiple Choice

When technology in an industry is changing rapidly, a company pursuing a strategy of vertical integration may fmd itself:

• A)locked into an old, inefficient technology.
• B)able to sell its products at continually lower prices.
• C)increasing returns on its assets.
• D)establishing a monopoly in the industry.
• E)lowering its cost structure.

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Definitions:

Advancement Barrier

Obstacles that hinder individuals' progress or promotion within an organization, often impacting underrepresented or marginalized groups disproportionately.

Gender Stereotypes

Preconceived notions or beliefs about the abilities, attributes, and roles of individuals based solely on their gender.

Developmental Opportunities

Chances or situations designed to aid in the growth or advancement of an individual's skills, knowledge, or career.

Self-Promotion

The act of highlighting one's own skills, accomplishments, or qualities to gain recognition or favor.