1.

Industry structure is defined as __________.

A. the nature of the players in an industry and their relative bargaining power
B. a set of plans for achieving long term returns on the capital invested in a business firm
C. set of planned activities designed to result in a profit in a marketplace
D. how a company's product or service fulfills the needs of customers
Answer» B. a set of plans for achieving long term returns on the capital invested in a business firm


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