Goods or services in standard-cycle markets reflect:
A) organizations that serve a mass market.
B) numerous first-mover advantages.
C) an inability to sustain a competitive advantage except for brief periods of time.
D) competitive advantages that are shielded from imitation.

Question

Quizplus · Accepted Answer

Organizations in standard-cycle markets typically serve a mass market, where products or services are standardized and widely available, allowing them to reach a broad audience.

Goods or Services in Standard-Cycle Markets Reflect