Which of the following statements is true of a fragmented industry?
A)It is characterized by rivalry that is typically less intense.
B)It usually has very few competitors and tends to be dominated by a few large firms.
C)It is difficult to keep track of the pricing and competitive moves of multiple players.
D)It involves companies selling the same brand of products that are scattered in different locations.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true of a fragmented industry?
A)It is characterized by rivalry that is typically less intense.
B)It usually has very few competitors and tends to be dominated by a few large firms.
C)It is difficult to keep track of the pricing and competitive moves of multiple players.
D)It involves companies selling the same brand of products that are scattered in different locations.

Which of the Following Statements Is True of a Fragmented