The more consumers can obtain similar products and services that satisfy their needs,the less likely firms are to try to establish competitive advantage.

Name: The more consumers can obtain similar products and services that satisfy their needs,the less likely firms are to try to establish competitive advantage.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If consumers have more options, it may actually increase competition among firms as they try to differentiate themselves and establish a competitive advantage.

The More Consumers Can Obtain Similar Products and Services That