Indian Railways enjoys a monopoly in the country with regard to rail transportation as there is no other player in this segment.Based on this,it can be concluded that Indian Railways enjoys a fairly simpler ________ environment as compared to the numerous road transport service providers in the country.
A) geographic
B) technology
C) competitor
D) supplier

Question

Quizplus · Accepted Answer

A competitor environment refers to the number of players in the market offering similar products or services. As there is no direct competitor to Indian Railways in the rail transportation segment, it can be concluded that the competitor environment is simpler for Indian Railways. The other options - geographic, technology, and supplier environments are not relevant in this context.

Indian Railways Enjoys a Monopoly in the Country with Regard