Which of the Following Can the Government Use to Alter

question 57

Multiple Choice

Which of the following can the government use to alter both firm behavior and industry structure?

• A)Deregulation.
• B)Regulation.
• C)Antitrust laws.
• D)Tax policy.

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Definitions:

Product Design

The process of creating a new product to solve a user’s problem or to address a specific market need, involving aesthetic, functional, and usability considerations.

Marketing Expertise

Specialized knowledge and skills in creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

External Forces

Factors outside an organization that affect its performance and strategies, including economic, political, technological, and social influences.

Situation Analysis

An assessment of the internal and external factors affecting an organization with the aim of identifying strengths, weaknesses, opportunities, and threats.