Research Findings Suggest That a Greater Percentage of a Firm's

question 12

True/False

Research findings suggest that a greater percentage of a firm's profitability can be explained by the industry than can be explained by the firm's internal factors.

---

Definitions:

Diameter

Straight line extending across the center of a circle from circumference to circumference. The diameter of a circle is two times its radius.

Potential Difference

The difference in electric potential between two points, which drives the flow of electric current in a circuit.

Conventional Theory

In electrical engineering, it refers to the theory that assumes current flows from the positive to the negative terminal, opposite to electron flow.