Competitive Industrial Structures Are Unlikely to Create Innovative or Dynamic

question 23

True/False

Competitive industrial structures are unlikely to create innovative or dynamic firms willing to compete abroad.However,a monopolistic industry will foster innovative,cost efficient,aggressive firms that can adjust to changing economic conditions at home and will be well prepared to compete abroad.

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Definitions:

Performance

The act of carrying out a task or function, often evaluated in terms of effectiveness, quality, or efficiency.

Workplace Violence

Any act or threat of physical violence, harassment, intimidation, or other threatening disruptive behavior that occurs at the work site.

Positive Influence

The ability to affect others in a beneficial way, encouraging improvement or positive change in behavior and attitudes.

Mangers

Managers are individuals responsible for planning, directing, and overseeing operations and employees within organizations, making strategic decisions to achieve goals.