U.S. Steel and Nucor (the two remaining major players in the U.S. steel industry) have been forming alliances as a _____ market.
a. fast-cycle
b. standard-cycle
c. slow-cycle
d. intermediate-cycle
Answer: slow-cycle
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
a. fast-cycle
b. standard-cycle
c. slow-cycle
d. intermediate-cycle
Answer: slow-cycle