A firm can signal its commitment to an industry by making substantial investments that would be difficult to reverse.

Name: A firm can signal its commitment to an industry by making substantial investments that would be difficult to reverse.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Making substantial investments in an industry signals a firm's commitment, as reversing such investments would be difficult and costly. This can help build trust and confidence among stakeholders, including customers, suppliers, and investors.

A Firm Can Signal Its Commitment to an Industry by Making