A large textile manufacturer located in South Carolina had to exit the industry because it could no longer compete with firms from overseas.The company laid off hundreds of employees,its suppliers started to struggle,and several local establishments closed their doors.It can be said that the local economy in South Carolina was experiencing what?
A) The retaliation effects of abandonment
B) The ripple effects through the supply chain
C) The destructive role of complements
D) Dynamic industry consequences
Correct Answer:
Verified
Q65: John Connelly went to the grocery store
Q66: When the collective strength of the five
Q67: Competitive intensity will increase when all of
Q68: Given its size and industry influence,Walmart would
Q69: What is the sixth force of industry
Q71: Microsoft and Intel are complements to each
Q72: Which of the following would NOT indicate
Q73: The competitive threat of potential entry is
Q74: Exit barriers are obstacles that determine how
Q75: Applying the five forces model to the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents