In general, entrepreneurs should ________ head-to-head price competition with firms that can more easily achieve lower prices through lower cost structures.
A)avoid
B)take on
C)meet
D)exit the market when faced with

Question

Quizplus · Accepted Answer

Entrepreneurs should avoid head-to-head price competition with firms that can more easily achieve lower prices through lower cost structures because they are unlikely to win and will likely harm their profit margins.

In General, Entrepreneurs Should ________ Head-To-Head Price Competition with Firms