Nonmarket strategies are more significant to some industries and businesses than others.

Name: Nonmarket strategies are more significant to some industries and businesses than others.
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Question

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Nonmarket strategies, such as lobbying, public relations, and litigation, are often more important in heavily regulated industries or those with high public visibility. In contrast, industries with minimal government involvement or low public interest may place less emphasis on nonmarket strategies.

Nonmarket Strategies Are More Significant to Some Industries and Businesses