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How Does the Global Economy Change the Competitive Environment

Question 3

Multiple Choice

How does the global economy change the competitive environment?


A) Suppliers are not required to reach a wide range of customers.
B) Customers now have less access to information about substitutes.
C) It has intensified rivalry by increasing product and vendor choices.
D) It has made it easier for new market entrants in all fields to penetrate the market.

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