A company is guilty of ________ if the company forgets latent competitors and only focuses on current competitors.
A) perfect competition
B) self-competition
C) Cournot competition
D) competitor backlinking
E) competitor myopia

Question

Quizplus · Accepted Answer

Competitor myopia refers to a situation where a company only focuses on its current competitors and forgets to consider potential or latent competitors. This can limit a company's ability to innovate and adapt to changes in the market.

A Company Is Guilty of ________ If the Company Forgets