The more dependent a firm is on its market, the more aggressively it will defend it from another competitor.

Name: The more dependent a firm is on its market, the more aggressively it will defend it from another competitor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a firm is highly dependent on its market, it has a lot to lose if a competitor encroaches on its territory. Therefore, it is likely to defend its market aggressively in order to protect its revenue and profits.

The More Dependent a Firm Is on Its Market, the More