According to a recent Federal Communications Commission report, AT&T, Verizon, Sprint-Nextel, and T-Mobile control 93 percent of the subscribers in the U.S. wireless mobile phone market. Which form of competition characterizes this market?
A. pure competition
B. a monopoly
C. an oligopoly
D. limited competition
E. monopolistic competition
Answer: C
You might also like to view...
After all other activities have been completed, including selecting the agency, the final step of an advertising management program is to:
A) review the company's activities in light of advertising management B) select an in-house or external advertising agency C) develop an advertising campaign management strategy D) prepare a creative brief
Polo Ralph Lauren, Tommy Hilfiger, and Wrangler manufacture jeans at plants in Mexico, thanks to the inexpensive labor there and various tax breaks from the Mexican government. These companies are
A. repatriating. B. using maquiladoras. C. countertrading. D. franchising. E. licensing.
Much of the effectiveness of the team leadership model depends on accurate diagnoses of team problems. What skills does this require? What can a leader do to improve skill in this area?
What will be an ideal response?
Should speakers use the direct or indirect approach when the audience is likely to agree with their messages?