Which of the Following Is Used to Measure Market Structure

question 34

Multiple Choice

Which of the following is used to measure market structure and performance?

• A) Four-firm concentration ratio
• B) HHI (Herfindahl-Hirschman index)
• C) Dansby-Willig Performance index
• D) All of the answers are correct.

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Definitions:

Theory Y

is a management approach that assumes employees are self-motivated, enjoy work, and will seek and accept responsibility and challenges.

Douglas McGregor

An influential social psychologist who proposed Theory X and Theory Y to describe different attitudes towards workforce motivation and management.

Fishbone Diagram

A visual tool that identifies, organizes, and displays possible causes of a problem or condition. It is also known as a cause-and-effect diagram or Ishikawa diagram.

Philip B. Crosby

An American businessman and author who contributed significantly to management theory and quality improvement practices.