36 Bright Billion Inc., a large conglomerate, wants to liquidate its business in certain industries to improve its overall profitability. Which of the following industries would Bright Billion Inc. find it most difficult to exit? 3 pts The management consultancy industry in which the company's fixed costs are low The e-commerce industry where the company has no long-term contractual agreements with suppliers The steel industry in which the company has obligations like severance pay toward employees The corporate training industry in which the company's commitments are mostly short-term Its coal mine where the tailings have been declared a superfund site. The nuclear power generating plant it operates Question 37 Which of the following statements with regard to industry structures is true? They are stable over time, not dynamic. Having few but large competitors increases the threat of strong competitive forces such as supplier or buyer power. A consolidated industry tends to be more profitable than a fragmented one. Having a large number of competitors generally equates to higher industry profitability. 1 pts