Briefly Identify Three Traits That Are Symptomatic of Unhealthy Corporate

question 51

Essay

Briefly identify three traits that are symptomatic of unhealthy corporate cultures.

---

Definitions:

Contestable

A market characteristic where there are no barriers to entry or exit, allowing potential competition to challenge existing firms, keeping prices competitive.

Market

A market is any structure that allows buyers and sellers to exchange any type of goods, services, and information.

Highly Concentrated

A market or industry situation where a small number of firms hold a large market share, potentially leading to less competition.

Smart Phone Industry

The sector of the economy that is involved in the development, production, and sale of smartphones.