Markets Rarely Appear on Their Own Out of Nowhere; Most

question 6

True/False

Markets rarely appear on their own out of nowhere; most of the time they are taken from competitors.

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Definitions:

Storeowner

is an individual who owns and possibly operates a retail establishment, responsible for the management, decision making, and financial outcomes of the store.

Profitable to Develop

Refers to projects or initiatives that are expected to yield a financial gain upon development or implementation.

Complicated Technology

Advanced and often sophisticated technology that may be difficult to understand or operate.

Simple Technology

Technology that is straightforward, easy to use, and not complicated by advanced features, often implying a lower level of sophistication.