Industries such as pharmaceuticals earn very high returns on investment. Such industries
A) tend to be protected from competition by legal restrictions.
B) can only maintain such high returns for short periods.
C) always exist when intangible products are traded.
D) tend to have high entry barriers and differentiated products.
Correct Answer:
Verified
Q27: Once value is created, it is, in
Q28: Value is created when
A)the price that the
Q29: If an industry earns a return on
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Q33: Barriers to exit are
A)the non-recoverable costs of
Q34: PESTEL stands for
A)power, economy, social, threats, ecological,
Q35: Are barriers to entry effective?
A)Yes, because long-term
Q36: The core of a firm's business environment
Q37: The idea with Porter's 5 Forces is
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