To survive in an industry dominated by giants, a small business should compete by offering lower prices.

Name: To survive in an industry dominated by giants, a small business should compete by offering lower prices.
Brand: Quizplus
Rating: 4.8 (60 reviews)

Question

Quizplus · Accepted Answer

Competing solely on lower prices can be unsustainable for small businesses due to thinner profit margins. Instead, they should focus on differentiating themselves through quality, customer service, innovation, or niche markets.

To Survive in an Industry Dominated by Giants, a Small