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Regulatory approval is most likely to be hardest to obtain in:
A. Mature industries.
B. Emerging industries.
C. Fragmented industries.
D. Declining industries.
Answer: B
Explanation:
Regulatory approval for an emerging industry may be hard to obtain, especially if customer needs are already served by an established regulated industry. However, favorable government policy may jump-start an industry, for example, when use of a safety productbecomes mandatory. Moreover, further growth of an industry may be stunted when it attracts first-time regulation.
NEW QUESTION: 2
A. Full Wipe
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C. Selective Wipe
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Answer: C
NEW QUESTION: 3
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The company's share price fell 20% on the day of the announcement but had been fairly static in the weeks leading up to the announcement.
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