Which of the following would lead to lower profits for an industry?

A) low entry barriers
B) many suppliers
C) few substitutes
D) quality-based competition

Answer: A

Business

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Advocates of the institutional theory of social responsibility argue that a firm must have the trust of all groups, both internal and external

Indicate whether the statement is true or false

Business

What is one way to enhance the quality of Leader-Member Exchanges (LMX) between leaders and their employees?

a. A manager invests in their employees' skills, and empowers them to grow and learn. b. Leader keeps out of his or her employees' way, and focuses on tracking the financial gains of the team's performance. c. Unethical leadership practices. d. Leader invests in building their external network of business contacts.

Business