In Competitive Dynamics,new Entrants May Be Forced to Change Their

question 11

Multiple Choice

In competitive dynamics,new entrants may be forced to change their strategies or develop new ones to ________ competitive challenges by ________.

• A) overcome; other new rivals
• B) succumb; potential rivals
• C) survive; incumbents
• D) survive; former rivals

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Definitions:

Lemonade

A sweetened beverage made mainly from lemon juice, water, and sugar, often served chilled or over ice.

Pizzas

A beloved Italian cuisine item featuring a circular flat dough base covered with tomatoes, cheese, and assorted toppings, cooked rapidly.

Production Possibilities Frontier

A plot that exhibits the ultimate production possibilities for two distinct products, with a basis on inputs that encompass resources and supplementary aspects.

Coats

Outer garments with sleeves that are worn over other clothes for warmth or protection.