The Existence of a Large Number of Competitors in Any

question 3

Multiple Choice

The existence of a large number of competitors in any one market segment may indicate:

• A)an untapped market niche.
• B)the market is saturated.
• C)no one firm has differentiated itself within that market.
• D)a market that has already been tried without success.

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Definitions:

Risky Asset

An asset that has a significant degree of uncertainty in its future returns, including the possibility of losing some or all of the original investment.

Market Price

The actual selling price of a product or service in the marketplace at any given time, determined by supply and demand.

Tuition Bonds

Financial instruments issued by educational institutions to fund their operations and expansion, typically repaid from tuition revenues.

Rate of Interest

The charge, as a percentage of the initial loan amount, incurred by a borrower for the utilization of funds or assets from a lender.