Which of the Following Is Not One of the Possible

question 21

Multiple Choice

Which of the following is not one of the possible reasons that late movers survive?

• A) the existence of a highly competitive market
• B) they are protected by government regulation
• C) they have extensive cash reserves
• D) they have an oligopolistic industry position

---

Definitions:

Cognitive Styles

The ways individuals deal with information while making decisions.

Higher-level Managers

Managers who operate at the top echelons of an organization, focusing on strategic decision-making and organizational direction.

Routine

Regular, unvarying procedures or sequences of actions that are followed consistently.

Structured

An organized and planned approach, method, or system, often designed to achieve a particular goal or set of objectives effectively.