Rapid Scale-Up of New Champions

question 88

Multiple Choice

Rapid scale-up of new champions:

• A) doesn't occur because capital is in short supply.
• B) can be done by absorbing smaller rivals.
• C) is achieved by investing more than smaller rivals.
• D) both b and c
• E) can only be done with the help of outside loans from such as the World Bank.

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Definitions:

Crowding Model

An economic theory that describes how public sector employment can impact wages and employment levels in the private sector.

Occupational Segregation

The crowding of women or minorities into less desirable, lower-paying occupations.

Domestic Output

The sum of the value of all products and services made within the confines of a country during a particular time frame.

Lorenz Curve

A curve showing the distribution of income in an economy. The cumulated percentage of families (income receivers) is measured along the horizontal axis and the cumulated percentage of income is measured along the vertical axis.