In various studies, researchers have found that from ________ of the variation in firm profitability is directly attributable to the industry in which a firm competes.
A) 4 to 12 percent
B) 8 to 30 percent
C) 18 to 42 percent
D) 22 to 56 percent
E) 34 to 70 percent

Question

Quizplus · Accepted Answer

Research indicates that industry factors account for 8 to 30 percent of the variation in firm profitability, highlighting the significant but not overwhelming influence of industry conditions on firm performance.

In Various Studies, Researchers Have Found That from ________ of the Variation