Which of the Following Is an Example of a Natural

question 141

Multiple Choice

Which of the following is an example of a natural monopoly?

• A) the trademark protecting Gatorade
• B) the talents of Tom Hanks
• C) the local water company
• D) the patent on an Intel processor
• E) De Beers' ownership of a large fraction of the world's diamonds

---

Definitions:

Knowledge Workers

Members of occupations generating, processing, analyzing, or synthesizing ideas and information (such as scientists and management consultants).

Business Cycles

The fluctuating levels of economic activity that an economy experiences over time, typically marked by periods of expansion and contraction.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its effectiveness.

Digital Information Systems

Platforms and tools that use digital technology to collect, store, manage, and disseminate information, enhancing business operations and decision-making.