In the contemporary environment,many companies find that they are competing for shares of flat or fading markets,and as a consequence must work to retain existing customers.Which of the following factors does NOT explain the intense competition for share of market?
A)changing consumer demographics
B)fluctuating economic conditions
C)more sophisticated competitors
D)overcapacity in some industries
E)All of the above.

Question

Quizplus · Accepted Answer

All of the factors mentioned in options A to D are valid reasons for the intense competition for a share of the market. Therefore, option E is incorrect as it states that none of the factors explains the intense competition.

In the Contemporary Environment,many Companies Find That They Are Competing