It is relatively inexpensive to establish a market presence in an industry with strong product differentiation.

Name: It is relatively inexpensive to establish a market presence in an industry with strong product differentiation.
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Question

Quizplus · Accepted Answer

Establishing a market presence in an industry with strong product differentiation typically requires significant investment in marketing and branding to differentiate oneself from competitors. This can make it relatively expensive to establish a market presence.

It Is Relatively Inexpensive to Establish a Market Presence in an Industry