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Industry structure is defined as __________.

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Industry structure is defined as __________.
  • Athe nature of the players in an industry and their relative bargaining power
  • Ba set of plans for achieving long term returns on the capital invested in a business firm
  • Cset of planned activities designed to result in a profit in a marketplace
  • Dhow a company's product or service fulfills the needs of customers
Correct answer: A
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the nature of the players in an industry and their relative bargaining power

Industry structure is defined as the nature of the players in an industry and their relative bargaining power. Industry structure pertains to the number and size distribution of competitors in an industry, according to University of Maryland University College.