Question
Because a consolidated industry tends to be more profitable than a fragmented one, firms have a tendency to change the industry structure in their favor,
Because a consolidated industry tends to be more profitable than a fragmented one, firms have a tendency to change the industry structure in their favor, making it more consolidated through
A) restrictive government policies.
B) horizontal mergers and acquisitions.
C) a reduction in barriers to the industry.
D) increasing the number of products or services offered.
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Understanding And Managing Public Organizations
Authors: Hal G. Rainey, Sergio Fernandez, Deanna Malatesta
6th Edition
