Answer:
The correct answer is letter "A": number of firms in an industry.
Explanation:
A concentration ratio measures the number of competitors within the same industry. The lowest concentration ratio of a firm, it represents there are more market rivals. The highest the concentration ratio, the lower the number of competitors of the firm. The ratio is expressed in percentage terms. A firm having a 100% concentration ratio is a monopoly.
Answer: Secondary data
Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.
In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.
Hence, from the above we can conclude that the correct option is B.
Aggressive organizational involvement is business political involvement when managers become personally involved in developing public policy
What is Aggressive organizational involvement ?
Workplace aggression is a general term that refers to actions taken by persons within or outside of an organization that are harmful to or intended to be harmful to others within the company. Aggression at work can be both verbal and violent, with the latter being referred to as workplace violence.
Given the large number of aggression-related constructs in the industrial/organizational psychology, human resource management, and organizational behavior literature, the definition and measurement of workplace aggressiveness have been the subject of significant debate.
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Answer:
<h2>In Economics and Business, a focus strategy implies concentration of particular market segment and enhance market share by satisfying the needs and demands of consumers in that particular segment.Hence,the correct answer in this case is option a.</h2>
Explanation:
In business,focus strategy is often employed to gain or enhance market share and exercise market leadership.A focus strategy by any business involves the process of focusing or concentrating on any one particular segment of the market and establish a strong and sustainable consumer base in the particular segment to enhance market share.In order to successfully execute the focus strategy,a company or business organisation has to be confident that it can considerably fulfill the market demand in that particular segment and has enough productive resources to do so.There are commonly two types of focus strategy in business:1) Focused cost leadership strategy,which basically aims at improving the regular lifestyle of people by offering affordable products and services and 2) Focused differentiation strategy,which concentrates on providing differentiated or variety of products or services according to the customer needs and preferences within a particular market segment.
Strategic planning is the task of developing and maintaining an overall company strategy for long-run survival and growth.
In business, strategic planning is a vital step to succeed long-term. The steps involved in strategic planning define the companies overall goal/mission, direction for the company and how they are going to get there.
