Some Industries Are Dynamic Simply Because of ________

question 152

Multiple Choice

Some industries are dynamic simply because of ________.

• A) the rapid pace of change
• B) the number of competitors
• C) the market concentration
• D) the five forces

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Definitions:

Introspection

A methodological technique in which trained observers are asked to reflect on, and report on, their conscious experience while performing cognitive tasks.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and environment.

Nonjudgmental Observation

Nonjudgmental observation involves noticing and acknowledging thoughts, feelings, and sensations without attaching judgment or analysis.

Working Backward

A problem-solving technique that identifies the final goal and the steps, in reverse order, that are necessary to reach the goal.