Which statement is TRUE about hypercompetitive industry?
A) The chewing gum industry is hypercompetitive because innovations are frequent.
B) The video game industry is hypercompetitive because new games are introduced frequently.
C) The cell phone industry is not hypercompetitive because all cell phones basically do the same thing.
D) The pizza industry is hypercompetitive because there are two main competitors.
Correct Answer:
Verified
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