ABC Industries and XYZ Corporation both are in the auto parts manufacturing business and therefore compete for the same customers, make similar products and use similar technology to create their products. Based on this information, which of the following statements is most accurate about these organizations?
A) They are both in the same stage of development.
B) The size of their companies are different.
C) Their organization cultures are very similar.
D) The work force is made up of the same number of minorities.
E) Regulatory issues impact each company in the same way.

Question

Quizplus · Accepted Answer

The Answer of ABC Industries and XYZ Corporation both are in the auto parts manufacturing business and therefore compete for the same customers, make similar products and use similar technology to create their products. Based on this information, which of the following statements is most accurate about these organizations?
A) They are both in the same stage of development.
B) The size of their companies are different.
C) Their organization cultures are very similar.
D) The work force is made up of the same number of minorities.
E) Regulatory issues impact each company in the same way.

ABC Industries and XYZ Corporation Both Are in the Auto