An industry often contains "good" and "bad" competitors. Good competitors ________.
A) break the rules of fair competition
B) ensure minimum competition between firms
C) play by the rules of the industry
D) typically dominate the market
E) share their marketing strategies with other firms

Question

Quizplus · Accepted Answer

Good competitors are those who play by the rules of the industry and compete in a fair and ethical manner. They do not engage in unethical or illegal practices, and instead rely on their own strengths and advantages to succeed.

An Industry Often Contains "Good" and "Bad" Competitors