Under which of the following conditions will companies with low market share be most likely to fail?
A)competing in a slow-growth industry
B)competing in an industry that makes frequently purchased items
C)competing in an industry with few product changes
D)competing in an industry requiring market power and economies of scale

Question

Quizplus · Accepted Answer

A larger market share is required to boost economies of scale and market power.

Under Which of the Following Conditions Will Companies with Low