Industry Convergence Occurs When Two Distinct Industries Evolve Toward A(n)

question 90

Multiple Choice

Industry convergence occurs when two distinct industries evolve toward a(n) ________.

• A) exclusive business relationship with each other
• B) single point where old industry boundaries no longer exist
• C) competitive position where each benefits from the existence of the other
• D) split that forms four industries

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Definitions:

General Practitioner

A medical doctor who treats acute and chronic illnesses and provides preventive care and health education to patients.

Safe Spaces

Environments or areas created with the intent of providing a supportive and welcoming space for individuals of marginalized groups to express themselves without fear of judgment or harm.

Third-Party Firms

External companies or organizations that are not directly involved in a transaction but may provide auxiliary services.

Virtuous Qualities

pertains to moral excellence and righteousness, often considered desirable traits in individuals.