The Ability to Adapt to Change or to Initiate It

question 22

Multiple Choice

The ability to adapt to change or to initiate it is most important in industries where ________.

• A) the industry products are standard
• B) future competition is difficult to forecast
• C) technological change is static
• D) product demand is stable

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Definitions:

Negligence Action

A legal claim made against someone who is alleged to have failed to act with the care that a reasonably prudent person would have in a similar situation, resulting in harm.

Res Ipsa Loquitur

A legal doctrine which allows plaintiffs to prove negligence on the basis of the very nature of an accident or injury occurring, suggesting the defendant's responsibility even without direct evidence of negligence.

Overpressurized

A state where pressure in a system exceeds its designed limits, potentially leading to failure or hazard.

Bottler

A company or entity that places beverages into bottles for distribution and sale.