The major opportunity facing firms in fragmented industries is the implementation of strategies that begin to consolidate the industry into a smaller number of firms.

Question

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By implementing strategies that consolidate the industry, firms in fragmented industries can increase their market share and potentially improve their profitability by reducing competition. This often involves acquiring or merging with other firms in the industry to create a larger, more dominant entity.

The Major Opportunity Facing Firms in Fragmented Industries Is the Implementation