Choose the Word or Phrase in [ ] Which Will

question 63

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The possibility that a corporation might fail is [economic | business] risk.

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Definitions:

Structural Integration

A strategy or process aimed at organizing the components of an organization or system to make it more coherent and functional.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by feelings of dislike for other groups or cultures.

Xenophobia

A fear or hatred of strangers or foreigners, often manifested in discriminatory attitudes and behaviors.

Perfectly Elastic

Describes a situation in economics where the quantity demanded or supplied can change infinitely with any change in price.