Industries in which a large number of small or medium-sized firms operate and no small set of firms has dominant market share or creates dominant technologies are called ________ industries.
A) fragmented
B) mature
C) emerging
D) declining

Question

Quizplus · Accepted Answer

The term "fragmented" accurately describes industries with many small or medium-sized firms, none of which hold dominant market share or create dominant technologies.

Industries in Which a Large Number of Small or Medium-Sized