Fiercely competitive industries such as the computer industry have had lower profit margins and return on equity in recent years even though they are under extreme pressure to maintain high profitability.

Question

Quizplus · Accepted Answer

The statement accurately reflects the challenges faced by companies in the fiercely competitive computer industry. Despite the pressure to maintain high profitability, factors such as price competition and rapid technological advancements have contributed to lower profit margins and return on equity in recent years.

Fiercely Competitive Industries Such as the Computer Industry Have Had