________ occurs when weaker companies are eliminated, and the strong companies survive.

Name: ________ occurs when weaker companies are eliminated, and the strong companies survive.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

An industry shakeout is a period of intense competition in an industry, during which weaker companies are eliminated, and strong companies survive. It is a natural process of market consolidation, leading to a smaller number of larger, more dominant firms in an industry.

________ Occurs When Weaker Companies Are Eliminated, and the Strong