The competitive environment that most marketing managers experience in developed economies is:
A) monopoly.
B) monopolistic competition.
C) pure competition.
D) oligopoly.
E) regulated competition.

Question

Quizplus · Accepted Answer

Most marketing managers in developed economies experience monopolistic competition, where many firms offer products or services that are similar but not perfect substitutes, allowing for differentiation and competition.

The Competitive Environment That Most Marketing Managers Experience in Developed