A Firm's "Relevant Market for Finding Opportunities" Should

question 99

Multiple Choice

A firm's "relevant market for finding opportunities" should:

• A) have no geographic boundaries.
• B) be bigger than the firm's present product-market-but not so big that the firm couldn't be an important competitor.
• C) be no larger than the firm's present product-market.
• D) usually be named in product-related terms.
• E) have no strong competitors.

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Definitions:

Movement

The act or process of moving, particularly of the human body or parts thereof.

Allows

To permit or give permission for something to happen.

Permits

Authorizations or licenses granted by an authority to carry out specific actions.

Flexion

The action of bending a limb or joint, reducing the angle between the bones of the limb at the joint.