Economists in the field of industrial organization study how

firms’ decisions about prices and quantities depend on market conditions. More test answers on https://studyhippo.com/chapter-13-the-cost-of-production/

Industrial organization is the study of how

firms’ decisions regarding prices and quantities depend on the market conditions they face. More test answers on https://studyhippo.com/chapter-13-the-cost-of-production/

Which of these represents a criticism of the industrial organization (I/O) model of above-average returns?

b. The model assumes that most firms operating in an industry have similar valuable resources that are mobile across companies, which is not necessarily true. More test answers on https://studyhippo.com/mgt-4800j-ch1-ch5/

Which of these is an example of the mobility of strategies and resources across firms in the mobile network industry, one of the assumptions of the industrial organization (I/O) model of above-average returns?

d. The spread of 4G technology between Verizon, AT&T, and Sprint, so that the high-speed network is available to nearly all mobile phone customers. More test answers on https://studyhippo.com/mgt-4800j-ch1-ch5/

6. In contrast to the industrial organization model, in a resource-based model, which of the following factors would be considered a key to organizational success? a. unique market niche. b. weak competition. c. economies of scale. d. loyal employees.

d. loyal employees. More test answers on https://studyhippo.com/strategic-management-test-1/

All of the following are true of the American Federation of Labor (AFL) and Congress of Industrial Organizations (CIO) EXCEPT

Both encouraged women to leave their jobs. More test answers on https://studyhippo.com/history-202-final/

all of the following are true of the american federation of labor and congress of industrial organization except that

WRONG*** unlike the CIO, the AFL welcomes only skilled workers possible right* both encouraged women to leave their jobs More test answers on https://studyhippo.com/history-2020-chapter-22/

The industrial organization (I/O) model argues that

the key factor in success is choosing the correct industry in which to compete. More test answers on https://studyhippo.com/mgt-491/

American Federation of Labor-Congress of Industrial Organizations

puts forth the interests of skilled and unskilled wage earners in crafts and industries More test answers on https://studyhippo.com/interest-groups-matching/

The Industrial Organization (I/O) approach to competitive advantage advocates that external factors are _________ internal factors in a firm achieving competitive advantage.

more important than More test answers on https://studyhippo.com/strategic-management-chapter-3/

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Industrial Organization Flashcards, test questions and answers

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What is Industrial Organization?

Industrial organization is an economic field that examines the behavior of firms in competitive markets and how they interact with each other. It focuses on both theoretical models and empirical evidence to analyze how firms respond to market conditions, understand the factors influencing their success or failure, and determine how these organizations can be regulated for the benefit of consumers. Industrial organization looks at a range of topics such as pricing policies, product positioning, branding strategies, entry barriers, mergers and acquisitions, game theory applications, advertising campaigns, strategic alliances and more.At its core industrial organization studies the interactions between companies within a given industry. This includes analyzing supply chains to identify potential inefficiencies or areas where collaboration could lead to cost savings; examining different forms of competition like price wars or oligopolies; looking at new entrants into markets; understanding regulatory constraints placed by governments; assessing market structure differences among countries; exploring network effects that exist when multiple companies are involved in production processes; analyzing microeconomic trends that could affect profits margins over time. By studying these factors researchers can better understand why certain industries have been successful while others struggle to remain profitable. Industrial organization also plays an important role in policymaking as it helps inform regulators about which regulations should be enforced or modified so that markets continue functioning efficiently while providing benefits for all stakeholders including consumers who should always get fair prices and quality products from businesses operating within them.