In a hypercompetitive market,firms often aggressively challenge their competitors in hopes of improving their competitive position and ultimately their performance.

Name: In a hypercompetitive market,firms often aggressively challenge their competitors in hopes of improving their competitive position and ultimately their performance.
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Quizplus · Accepted Answer

This statement is true. In a hypercompetitive market, firms usually engage in aggressive tactics to gain an edge over their competitors in order to improve performance.

In a Hypercompetitive Market,firms Often Aggressively Challenge Their Competitors in Hopes