Which of the Following Statements Is True of a Fragmented

question 7

Multiple Choice

Which of the following statements is true of a fragmented industry?

• A)It is characterized by rivalry that is typically less intense.
• B)It usually has very few competitors and tends to be dominated by a few large firms.
• C)It is difficult to keep track of the pricing and competitive moves of multiple players.
• D)It involves companies selling the same brand of products that are scattered in different locations.

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Definitions:

Distortion

Alteration or warping of information, perception, or reality, often leading to misunderstanding or misinterpretation.

Information Received

The data or input obtained by an individual or organization, potentially influencing decision-making or actions.

Further Up

Used to refer to stages or positions that are higher in a hierarchy, supply chain, or process, often implicating more responsibility or control.

Push Processes

Supply chain processes that operate on forecast demand, pushing products through the supply chain to the end user.