What is most likely a strategic benefit of the existence of competitors?
A) Competitors seldom lead to product differentiation.
B) Competitors help legitimize new technologies.
C) Competitors exclusively serve more-attractive segments.
D) Competitors fracture the target market.
E) Competitors decrease the total demand.
B
You might also like to view...
In writing group insurance, insurance companies use all of the following underwriting criteria EXCEPT
A) the age and sex of the individuals in the group B) the size of the group C) the individuals' medical histories D) the type of and premium for coverage
A replacement cost rider is important to add to your homeowner's policy because
A) it replaces property that breaks or otherwise stops working. B) in the event of a loss, your property is valued at the cost of replacement regardless of age or depreciation. C) it will pay you depreciated value plus inflation for your property loss. D) it is not important and is an expensive but low value rider.