The 2010 and 2012 Market Share Data of the Three

question 49

Multiple Choice

The 2010 and 2012 market share data of the three competitors (Alston,Baren,and Clemson) in an oligopolistic industry are presented in the following pie charts. Which of the following is true?

• A) Only Baren share.
• B) Only Clemson lost market share.
• C) Alston lost market share.
• D) Baren lost market share.
• E) All companies lost market share

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Definitions:

Divergent Thinking

A thought process that allows us to expand our view of the world to generate as many ideas as possible without being trapped by traditional problem-solving methods or predetermined constraints.

Practical Ideas

Concepts or solutions that can be implemented effectively and have potential for real-world application.

Human-Centered Design

A design approach that prioritizes the needs, wants, and limitations of the end-user at every stage of the design process.

Human Needs

Fundamental requirements that people need to survive and thrive, including physiological needs, safety, love, and esteem.