Maturing of product-markets in developed countries has reduced the intensity of competition in those markets.

Name: Maturing of product-markets in developed countries has reduced the intensity of competition in those markets.
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Question

Quizplus · Accepted Answer

Maturing of product-markets in developed countries often leads to increased intensity of competition as companies strive to innovate, differentiate their products, and capture or maintain market share in a more saturated and competitive environment.

Maturing of Product-Markets in Developed Countries Has Reduced the Intensity