There are many real estate offices in most locations.Some of them are small independent firms; some are larger and affiliated with national chains.Thus,the real estate sales industry is
A) fragmented.
B) vertically integrated.
C) homogeneous.
D) mature.
E) embryonic.

Question

Quizplus · Accepted Answer

The fact that there are both small independent firms and larger national chains indicates that the real estate sales industry is fragmented, meaning there are many independent and competing entities within it.

There Are Many Real Estate Offices in Most Locations