The challenge in a fragmented industry is to figure out the best set of strategies to overcome a fragmented market so that the competitive advantages associated with pursuing one of the different business models can be realized.

Question

Quizplus · Accepted Answer

The statement is true. In a fragmented industry, there are often multiple business models and strategies being pursued by different companies, making it challenging to achieve a competitive advantage. Companies must determine the most effective strategies to overcome the fragmentation and establish an advantageous position in the market.

The Challenge in a Fragmented Industry Is to Figure Out