Market power is derived primarily from the:
A) creativity of a firm.
B) size of a firm and its resources and capabilities.
C) quality of a firm's top management team.
D) depth of a firm's strategy.

Question

Quizplus · Accepted Answer

Market power is primarily derived from the size of a firm and its resources and capabilities. A firm with a larger size and more resources is often able to exert more influence on the market and its competition. The creativity of a firm, quality of its top management team, and depth of its strategy may also contribute to market power, but they are not the primary factors.

Market Power Is Derived Primarily from The