The following table shows the dollar amount of sales in 2016 for the four largest firms in the above-ground pool industry.Total industry sales in 2016 were $467,000.Use this table to answer the following questions:
-The four-firm concentration ratio in this industry is __________ percent.
Definitions:
After-Action Review
A structured review or debrief process for analyzing what happened, why it happened, and how it can be done better by the participants and those responsible for the project or event.
Control Process
A systematic effort to set performance standards, measure performance, and take corrective action as needed.
Balanced Scorecard
A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.
Innovation and Learning
The process of implementing new ideas, creating dynamic products, or improving existing services to meet market demands and learning from the process.
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